Ageas
Ex-Zurich boss Hanson joins Ageas as marketing director
Ageas has appointed Mark Hanson as marketing director for its two over 50s insurance brands, Rias and Castle Cover.
Ageas to become sole provider for over-50s intermediary brands
Ageas-owned over-50s specialist intermediaries Rias and Castle Cover are moving from using a panel of insurers for home and motor products to a solus arrangement with sister business Ageas Insurance.
Strong market competition dents Ageas total income
Ageas UK has reported a 38% increase in net profit to £19.4m in the first quarter of 2013 (Q1 2012: £14.1m) while the combined operating ratio improved to 99.9% (Q1 2012: 102.3%).
Ageas heralds the start of Groupama brand transition process
The Groupama brand transition to Ageas Insurance is underway.
Broking Supplement: Networks - Joined-up thinking
Networks may give a bigger voice to small and medium-sized brokers - but after 20 years is the model still valued by insurers?
Ex-Groupama claims director Wills joins Nationwide accident repair firm
Former claims director at Groupama Insurances, Darren Wills, has been appointed operations director of Nationwide Network Services’ accident management division.
Ageas joins Hood Group home insurance panel
The Hood Group has added Ageas to its home insurance panel in a deal that will safeguard the insurer’s engagement for the next five years.
Ageas agrees out of court settlement with ex-Castle Cover shareholders
Ageas has confirmed it has reached an out of court settlement with a number of former senior Castle Cover figures.
News review: 2 May 2013
A round-up of news stories from this week.
Cooter targeting brokers in Covéa commercial lines relaunch
Covéa is planning to corner the difficult commercial lines market by winning over brokers through building closer relationships.
Telematics: Taking the wheel?
Will plans by car manufacturers to fit telematics black boxes to new vehicles see them become major players in the motor insurance sector?
Ageas appoints Broughton to group board
Ageas has appointed Steve Broughton as a non-executive member of its group board of directors for a three-year period, subject to approval by the National Bank of Belgium.
Broughton appointed to Ageas group board
Ageas has appointed Steve Broughton as a non-executive member of its group board of directors for a period of three years, subject to approval by the National Bank of Belgium.
Ageas strikes deal with Giles-owned Compass
A new three-year partnership between Giles’ network division Compass Broker Services and Ageas UK Insurance is expected to generate £20m gross written premium, according to the firms.
Affinity Partnerships: Finding the perfect fit
To achieve success in the affinity market, insurers must be careful to foster mutually beneficial relationships with the right partners and ensure they select relevant products
Insurers miss opportunity to voice opinions on EU consultation on PPOs
The UK’s general insurance sector has failed to engage with a consultation on setting Solvency II liability rules, despite a European Union recommendation that 20% of the sector should contribute for the study to be credible.
Admiral enters legal JVs with Lyons Davidson, Cordner Lewis
Admiral has received approval from the Solicitors Regulation Authority for new joint ventures launched in partnership with two law firms
In Series: Personal Lines: The good old days
Insurers now benefit from data usage that allows them to tailor prices from hundreds of categories. But this wasn’t always the case.
Ageas and New Law Solicitors launch non-fault personal injury partnership
Ageas has teamed up with personal injury law firm New Law Solicitors to provide legal services for customers making non-fault personal injury claims.
Barbican joins Home & Legacy panel
Barbican is set to join the household insurance panel of high net worth specialist Home & Legacy.
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S&P revises outlook on Ageas' Portuguese subsidiary
Standard and Poor’s has revised the outlook for insurer Millenniumbcp Ageas' core entities to stable following action on Portugal's sovereign rating.
Industry mulls Matras’ options after Ageas shake-up sees high profile exits
Past and present colleagues of Laurent Matras have paid tribute to the outgoing Groupama Insurances managing director, with one suggesting he could seek to further his career at a smaller firm in a bid for more dynamism.
Market Moves: Brokers continue to up their numbers while Groupama’s Matras heads for exit
The broking sector again led the way in recruitment this week with notable hires at Hyperion, Miller and Hastings. Meanwhile, Giles continued to demonstrate its appetite for new staff by swooping for northern rival Reich’s operations manager Andrew Perry…