Ageas
Lloyd’s open for growth but demanding sustainable performance
Market leader stresses remediation is not a ‘once and done’ exercise as focus increases on catastrophe risks.
Analysis: Spotlight falls on personal lines amid consolidation frenzy
After a record breaking year for deals by value and volume, specialists analyse what is driving the market and where the acquisition rush will go next. Emmanuel Kenning reports.
Ageas investing in digital to win with brokers, says Middle
The provider has teamed up with EIS, Amazon Web Services and Willis Towers Watson on a range of initiatives.
Profits up at Ageas UK but income and COR slip in 2021
Insurer saw growth in home business but motor gross written premium fell to £676.5m.
Axa buys Ageas commercial business renewal rights for £47.5m
Around 100 Ageas employees will move to Axa as part of the deal.
Ageas moves to Amazon Web Services for Insurer Hosted Pricing
The deal also sees it move to CDL's Proteus system which the provider says gives faster access to competitive rates for brokers.
Review of the year: Ageas' CDO Adam Beckett
The chief distribution officer talks resilience, ESG, dual pricing, and broker innovation throughout 2021.
The stats: December 2021 – The Acturis Premium Index
The third quarter of the year saw rising premiums in almost all of the product lines featured in the Acturis Commercial Broking Index – the only exception being a minor dip in fleet.
Ageas reports COR of 96%
The insurer also delivered a 30% increased profit after tax for the first half of 2021.
UK boss Middle lifts lid on Ageas's restructure and job cuts
Ageas's Ant Middle and Adam Beckett discuss the provider's strategy change in response to shifts in customer behaviour, and the FCA's dual pricing ban, as the insurer aims to hit £1.5bn in GWP.
Ageas confirms job cuts in Bournemouth
Provider says the decision follows a shift in how customers want to interact with the business and that no broker-facing roles are affected.
ABI launches flexible working charter
Signatories, which include Aviva, Ageas, Allianz, Covea, Ecclesiastical, LV, and Zurich, commit to opening up the majority of their roles to flexible working, job sharing and part-time working.
Blog: It’s Simply Business as Markerstudy finally lands Brightside
As Markerstudy acquires Brightside Jonathan Swift looks at a deal over seven years in the making that has highlighted a tale of two investments for Anacap.
Ageas reports 95.2% COR
The improved position was down to lower motor claims due to the lockdown as the insurer reports growth in broker deals for household and commercial.
Marmalade unveils pay-as-you-go policy for young drivers
The product, which the broker claims is the first of its kind in the UK, is underwritten by Ageas and uses specialist smartphone telematics technology to record how users drive.
Ageas launches video account management service for brokers
Provider creates team of three to help support regional brokers online.
Ageas reports 94.6% COR
The provider said Q3 numbers were “healthy” and reflected lower claims frequency and strong prior year releases.
Ageas takes chief distribution officer from Aviva
Adam Beckett joins the insurer in the New Year after 20 years with Aviva.
Ageas UK sells stake in Tesco Underwriting for £125m
CEO Ant Middle says now is the "right time" for Ageas to hand over its stake in the car and home insurance provider to Tesco Bank as it focuses on developing broker distribution.
Francois-Xavier Boisseau succeeds Amanda Blanc as ERS chairman
The former Ageas boss takes over after Blanc's move to become Aviva CEO.
Ageas profit after tax slumps by half
The provider reported a result after tax of £22.8m compared to £45.4m in H1 2019.