Provident
In Person: Simon Cooter and Carolyn Callan, Covéa
On the 1st May Simon Cooter effectively handed over the commercial and high net worth director baton at Covea to Carolyn Callan and became in his words ‘minister without portfolio’. At last week’s British Insurance Brokers’ Association Conference Jonathan Swift sat down with both to discuss the insurer’s journey from an also-ran to profitable and growing presence in the mid-corporate and SME mark
Covea unveils commercial strategy to rival "traditional" mid-market insurers
Covea Insurance is looking to sign up a trio of senior recruits as it sets its sights on repositioning itself as a "credible alternative to traditional mid-market insurers".
Covéa Insurance appoints two to head roles
Covéa Insurance has appointed Martin Scarrett as head of electronic trading and Malcolm Cooper as head of underwriting, personal lines.
Covéa chief unveils executive line-up
The chief executive of Covéa Insurance has praised the "wealth of knowledge and experience" of the insurer's new executive team.
Covéa Insurance launches in the UK
Covéa Insurance, formed from a merger of MMA Insurance and Provident Insurance, has been launched in the UK.
MMA delivers much improved profitability ahead of Provident merger
MMA Insurance has delivered a strong set of results for 2011, its final set of results prior to its merger with Provident and rebrand to Covéa.
MMA CEO appointed deputy chairman of Covéa
Garry Fearn has been appointed executive deputy chairman of Covéa Insurance.
Barrere steps down from three directorships
Bernard Barrere has resigned as director of MMA Holdings UK, according to papers filed at Companies House.
Covéa exerts control over UK arm with merger and rebrand
French-owned insurer MMA is to be rebranded as Covéa as part of a merger with Provident Insurance.
Hastings hires ahead of planned flotation
Hastings Direct has appointed a new MD of insurer services ahead of its planned IPO next year.
Mike Smith says MMA will be "a force to be reckoned with"
Former Provident Insurance director Mike Smith has reacted to the news that the specialist motor insurer has been sold to Covea Group-owned insurer MMA.
Provident deal receives cautious welcome from brokers
MMA’s acquisition of Provident has been welcomed by brokers, but concern has been voiced over how the merger could impact on the variety of products available.
MMA to buy Provident Insurance
Covea Group owned insurer MMA has agreed a long touted deal to acquire the Halifax based motor insurer Provident.
Broking success – Wilby: To Halifax and beyond
Emmanuel Kenning meets a passionately independent broker twinning strong local service with national niche products to grow the business.
Editor's comment: The motor market is shot
A senior industry figure told me this month that it is the "worst time" in the history of the motor market for insurers. A pile of news has confirmed this, including RBS's loss of over £200m in its first-half results, Equity's reserving issues and NIG…
New Ink MD Mike Smith looks to acquire Westinsure
Giles-owned Ink Underwriting has made an offer to acquire the entire share capital of South-west broker network, Westinsure.
Agenda: Selling up and cashing in
Something is happening in the UK private insurance market. Of the top 20 insurers in 2008, more than a third - seven - have been sold or are up for sale. This could either be good or bad news.
At your service?
This month's discussion, sponsored by Ecclesiastical, focuses on why composite insurers' service levels is an area of weakness and what steps can be taken by the industry to improve claims handing?
Autonet appoints distribution chief
Stuart Scott joins from Provident Insurance
Speaking volumes
The results of Provident's fraud detection solution set an impressive standard for the industry. Liz McMahon finds out how, since Digilog's introduction, the insurer has trebled its detection rate for false claims
Mike Smith to leave Provident
Smith to take over as MD at Ink Underwriting