Covea Insurance
Covid BI claims payments hit £765.8m
FCA figures show interim payments of £289.5m and final settlements of £467.2m since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 9,152.
Covid BI claims payments hit £701m
FCA figures show interim payments of £268.2m and final settlements of £433.1m since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 9,912.
Renovation Underwriting hires James Guthrie to lead on broker distribution
Guthrie most recently worked as head of HNW distribution at Covéa.
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.
Covéa adds Das UK cyber cover to HNW home proposition
The development adds cyber assistance, cyber crime cove, legal and risk management assistance, and a helpline to the offering.
FCA data reveals progress as insurers settle Covid-19 BI claims
Updated figures show providers have made interim payments of £247.7m and final settlements of £352.1m since the Supreme Court verdict, but 12,217 policyholders are still waiting to hear whether their policies provide cover or not.
Q Underwriting extends Aviva capacity in £200m deal
The specialist underwriter confirmed the renewal of key binder Aviva, plus, developments to its Covéa-backed contractors combined product.
Commercial underwriting agency, CoSaint AG, goes live
The organisation has launched its first product for the motor trade combined market, backed by NIG and Covéa, and developed an online liability portal.
FCA reveals insurer claims payouts following BI test case verdict
Regulator says providers have paid out £192.1m in interim payments for unsettled claims and £279.8m in final settlements at it reiterates order to pay out quickly.
Uinsure adds Covéa Insurance to its broker platform
Uinsure is seeking to grow broker distribution of home insurance products.
Simon Cooter joins Modus
The former Covéa commercial lines boss has been appointed as non-exec chairman.
Covéa promotes James Gearey to personal lines head following Geldard departure
He joined in 2019 as corporate development and strategy director.
Insurance Covid-Cast: Future of Insurance Work – Lesson learned to help Gen Y employees adjust to a new work/life balance post-pandemic
For the 33rd episode of Post and Insurance Age’s video series we gathered together a panel of senior HR and talent managers to discuss the feedback they have had from millennials about how they have experienced lockdown and how insurers might adapt in…
Insurance Covid-Cast: Future of Insurance Work - What do millennials want from their employers; and has it shifted due to Covid-19?
For the 32nd episode of Post and Insurance Age’s video series we gathered together a panel to discuss how millennials have experienced lockdown and what temporary practices they would like to see made permanent.
Covid-19: App-based broker Lenny closes down after backers exit
Short-term car insurance broker says the Coronavirus outbreak made it a "frustratingly unfavourable landscape" to find a new backer.
Covéa reveals £22.3m underwriting loss in 2019
Provider also posts increases in GWP and profit after tax as it reports "disappointing" personal motor result impacted by claims inflation and a "lower than anticipated" Ogden rate.
People Moves Round-up: 27-31 January 2020
Keep up to date with the latest market moves.
Ex-Covéa boss Cooter joins InsurTech Quotall
Cooter, who left Covéa in April 2019, said the appointment would allow him to “try something different”.
Diversity and Inclusion in Insurance Awards winner: Covéa
Following last month's Diversity and Inclusion in Insurance Awards, we caught up with all the winners. Today, we talk to Lisa Meigh, director of HR & learning at Covéa, about the insurer's win in the Staff Empowerment category.
Diversity and Inclusion in Insurance – winners revealed
Inaugural awards event was held on 14 November by Insurance Age and Insurance Post.
Ecclesiastical's John Blundell to retire in 2020
Blundell, UK general insurance MD, has spent 35 years in the insurance industry and joined Ecclesiastical from Covéa in 2016.
Ex-Ardonagh deputy CEO Janice Deakin: "I need a break from big deals"
Former Ardonagh deputy CEO Janice Deakin has stepped back at the consolidator and vowed that she needs a ‘break’ from big deals having worked on the acquisition of Swinton, but added the idea of acting as a non-executive director at another firm…
Quizzical questions: 21 June 2019
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Covéa launches commercial combined product
The offering, targeted at SMEs, is the first in a planned series of fresh products.