Ageas
Ageas undertaking household claims investigation
Ageas has asked its household suppliers to contribute ideas on how to improve its claims services, Post can reveal.
Devine returns with Hubbard-backed broker
Former Ageas retail commercial director Brendan Devine is to launch a new motor panel broker in the first quarter of next year with UK General chief executive Peter Hubbard serving as a non-executive director.
Watson defends Tesco Underwriting's GWP slump
Ageas UK chief executive Andy Watson has defended Tesco Underwriting’s £133m gross written premiums slump after posting a GWP of £341.1m for the first nine months of the year.
Ageas profits up 5.6% amid tough retail trading environment
Ageas has chalked up a 5.6% rise in its net profit in the opening nine months of 2013, despite gross written premiums generated by Tesco Underwriting plummeting £133m on the previous year.
Skills shortages continue to plague industry
Skills shortages in general insurance businesses have dropped 14 percentage points to 59% in the past year, a Chartered Insurance Institute survey has found.
Groupama and Ageas complete part VII transfer
Groupama has transferred 1.5 million policies and net assets of £160m to Ageas via a Part VII insurance business transfer.
Motor Insurance: Jumping the gun
Motor insurers’ over-eagerness to reap the anticipated benefits of the Legal Aid, Sentencing and Punishment of Offenders Act has resulted in a sharp drop in rates. With unprofitability increasing, where does the sector go from here?
Highlights from The Claims Event 2013
With the birth of the new regulator and major regulatory changes, The Claims Event 2013 was a key conference for claims professionals to attend this year to learn about the latest industry developments.
The importance of excellence in claims management
Challenged with the impact of doing business in a difficult economic environment, is it any wonder that the term ‘going back to basics’ has become more common place in the board rooms of companies?
Ageas backs road improvement calls
Ageas has thrown its weight behind a campaign for safety investment on Britain’s roads.
Ageas given High Court approval to transfer Groupama covers
Ageas has received approval for the formal transfer of all Groupama business to its Optima and Exclusively brands from the end of October.
The Claims Event 2013
Claims managers fear hearing loss could become the ‘new whiplash’
C-Suite: Slow down and think long term
Major price swings in the motor sector in the wake of legal reform are damaging to consumer confidence.
Roundtable: Fraud: Digital the time to react is now
Insurers are slowly starting to embrace a digital future. Now it’s time to grasp the nettle if the industry isn’t to be left behind.
UK General puts motor book back with Ageas
UK General has switched its £20m commercial motor book back to Ageas less than 12 months after it struck a capacity agreement with QBE.
Top 20 UK insurers
A focus to the top 20 UK insurers
Brand analysis: Market Forces
Despite economic constraints, regulation, boardroom reshuffles and reputational issues – the outlook for insurance brands remains positive.
Insurers braced for Isle of Sheppey crash claims
Insurers are expecting a steady influx of claims following the Isle of Sheppey crash last week, which involved more than 130 vehicles.
Aldermanbury successor unclear as some insurers struggle to meet its terms
Taskforce behind declaration yet to discuss its direction beyond end of 2013
Motor sector cites rates and reforms as COR soars
Motor insurers have bemoaned the impact of rock-bottom rates on their first-half figures, prompting some industry leaders to rule out further rate reductions in the second half of the year.
Penny Black's Insurance Week - 15/22 August 2013
Despite reports of a fall in car insurance premiums, it seems some firms still charge rates well above what consumers would consider good value.
Career development: Groupama's motorcycle team step into motorcyclists' boots
Groupama Insurances, soon to be Ageas, has put its motorcycle claims team through a series of training sessions to help them understand the needs of policyholders when handling claims.
Ageas UK boss Watson optimistic despite limited H1 profit growth
Ageas UK chief executive Andy Watson has told Post the insurer’s H1 results are in line with expectations, in spite of net profit growth almost entirely driven by the integration of Groupama.
Ageas increases profit despite underwriting losses
Ageas has increased its bottom line by 17.3% during the first half of 2013 despite household being the only core line of business making an underwriting profit.