Ageas
Former claims fraud investigator jailed for fraud
The former director of a firm used in the past by Ageas and ERS to investigate fraudulent claims, has himself been jailed for fraud.
Lanes Group-backed Evolution claims fixed fee model will become the norm after Ageas win
Evolution Claims Management has secured a new contract to provide building claims management services to Ageas Insurance, its first since attracting investment from Lanes Group.
This week in Post: GDP what?
My colleagues have come up with a creative idea to celebrate the General Data Protection Regulation. First you create a GDPR cocktail with gin, Drambuie, prosecco and rum. Then you take a sip every time you receive an email asking you to update your…
Industry slams Tesla’s ‘misleading’ autopilot feature
The insurance sector has called out Tesla for its “misleading” autopilot feature, with industry voices criticising the motor manufacture’s language as confusing for customers.
Ageas' Bart De Smet on the limitations of quarterly reporting
Quarterly results don't always reflect a company's performance, notes Ageas CEO Bart De Smet, explaining why the focus must be on its consistency over time.
Ageas uses full weather reserves on 'Beast from the East'
Ageas used its full weather damage claims allowance for the year during Q1 2018 after the fallout experienced by the Beast from The East.
Roundtable: Where next for personal injury reform?
Discount rate and whiplash reforms are going through parliament. Will the outcome be beneficial to all?
Personal injury motor claims hit near decade low, government figures show
The number of personal injury motor insurance claims has fallen to the lowest level in nine years, government figures published today reveal.
Ombudsman complaints data overshadowed by TV investigation
A recent investigation that exposed the undertraining of staff at the Financial Ombudsman Service has cast doubt over a report into the UK’s most complained about insurers.
Regulation Q&A: From GDPR to IDD, Brexit to the future of the PRA, what do insurers really think?
The regulatory landscape is constantly evolving, With this in mind, Post asked a number of senior insurance figures about some of the most pertinent changes that are afoot from GDPR to the IDD, and how they would like the situation to develop in a post…
Insurance leaders pledge to pass on personal injury reform savings
Insurance leaders have pledged to pass on all savings made through the Civil Liability Bill reforms to policyholders.
Mark Collins replaces Robin Challand as CIO at Ageas
Mark Collins is to replace Robin Challand as chief information officer at Ageas following Challand’s appointment as claims director at the company in January of this year.
Week in Post: Are further Swinton branch closures a sign of the times?
I have never bought insurance from a high-street broker. In fact, I know very few people my age who have.
Blog: Did Axa's Brendan McCafferty set a record for the shortest GI CEO stint this century?
The surprising departure of Brendan McCafferty as the CEO for intermediated and direct at Axa Insurance last month got me thinking.
Analysis: Insurers torched on Twitter over Liverpool Fire
How social media influenced the response of insurers to the Liverpool fire
Ageas UK eyes further restructuring to drive profit growth
Ageas will continue to restructure its business even as the company is set to return to an underwriting profit for the remainder of the year.
Ageas shakes off Ogden impact to return to profit
Ageas UK has seen a return to profit after a year of being hammered by the residual impact of the Ogden rate change.
Spotlight on ADAS: Is everyone ready for ADAS?
As assistance systems are making cars safer, but also more costly to repair, insurers would love a database listing which features are fitted on which vehicles - but motor manufacturers aren’t sharing that information yet
This week in Post: Funding, fraud and finding life after Brexit
This week, the insurance industry received the news that the government’s controversial whiplash reforms are likely to be put into effect in April next year.
Blog: Need a new CEO? You could do worse than look at your claims manager
Roll back six years and I remember David Williams, on taking a new role as director of underwriting at Axa, calling for parity in remuneration between claims professionals and others.
Ageas's François-Xavier Boisseau on fake pricing scandals
Insurers do not quote racist premiums, writes François-Xavier Boisseau, CEO insurance at Ageas UK, urging the sector to better educate the public on how pricing works.
MIB could help OEMs share accident data with insurers
The Motor Insurers’ Bureau could act as a platform for car manufacturers to share with insurers accident data generated by autonomous vehicles, a conference heard.
Justice Committee chair earns £15,000 a year from personal injury law practice
Exclusive: The chair of the Justice Select Committee earns £15,000 a year from a law practice with a significant personal injury insurance practice.
Exceptional items put UK General in the red in 2016/17
UK General made an operating loss of £714,879 for the year ending 31 March 2017, compared to a profit of £8.7m in the previous year.