Covea Insurance
Georges De Macedo, Covéa
Georges De Macedo was appointed CEO of Covéa Insurance UK in June 2023 and has been tasked with guiding the business through a strategic turnaround.
How insurers are helping businesses grow
As chancellor Rachel Reeves says the UK must go “further and faster” to achieve economic growth, Edmund Tirbutt examines how insurance is providing the safety net required to ensure businesses focus on getting bigger and better in the months and years to…
Bridgehaven’s Jewell’s verdict on Covéa CEO’s MGA decision
Paul Jewell, CEO of hybrid-fronting insurer Bridgehaven, has shared his thoughts on rival Georges de Macedo, CEO of Covéa Insurance, deciding his business won’t work with MGAs again.
Could Covéa’s capacity withdrawal derail MGA progress?
After Covéa Insurance pulled away from MGAs due to a “control from an underwriting perspective”, Edmund Tirbutt examines whether other capacity providers could follow suit.
Iprism secures Zurich capacity for commercial products
Iprism has signed a multi-year capacity deal with Zurich, where the latter will provide property and casualty capacity for the former's property owners and commercial combined products.
Most complained about general insurers revealed
Admiral, Direct Line Group, Aviva, Esure and Axa were the most complained about general insurers in the first half of 2024, according to the latest Financial Ombudsman Service data.
Big Interview: Georges de Macedo, Covéa
Georges de Macedo, CEO of Covéa Insurance, reveals how he is pushing the UK arm of French mutual insurance giant back to profitability and why the provider won’t work with MGAs again.
Covéa CEO rules out working with MGAs again
Georges de Macedo, CEO of Covéa Insurance, has revealed the provider won’t work with MGAs again as he feels “control from an underwriting perspective” is key to returning to profit.
Top 100 UK Insurers 2024: Business lines
A ranking of the top 100 UK Insurers for different general insurance business lines, based on data from AM Best’s Financial Suite.
Longworth’s AI Code of Conduct has a ‘shelf life’
Eddie Longworth’s voluntary artificial intelligence (AI) code of conduct for the claims industry has a “shelf life”.
Concerns raised about EV insurance profit margins
Swiss Re Institute has predicted electric vehicles will be half of all new car sales globally by 2035, with 73 million units estimated to be sold in 2040, resulting in the insurance market for this type of motor growing at a similar rate.
Storah implores industry to ‘galvanise around underinsurance’
Speaking at the British Insurance Brokers’ Association Conference in Manchester, Aviva UK and Ireland general insurance CEO Jason Storah urged insurers and brokers to “galvanise around underinsurance”.
Covéa shrinks staff numbers by almost a third amid further losses
Covéa Insurance has reduced its staff numbers by more than 29% in 2023, after last year confirming it was undertaking a “company restructure”.
Four ways to boost motor insurer’s profits
Insurance Post gathered a group of personal lines experts to discuss what it will take to make motor insurance more profitable for providers and appreciated by policyholders.
Covéa and Markel win Covid BI reinsurance disputes
Covéa and Markel have won a court battle to secure reinsurance cover for Covid-19 business interruption losses.
Covéa’s Callan appointed retail MD for Brown & Brown
Brown & Brown has appointed Callan as managing director of its Retail Division. Callan previously served as Commercial Lines Director at Covéa before leaving in July.
Five key takeaways from Post's AI roundtable
Insurance Post recently gathered together a group of insurance technology experts to discuss the rapid rise of artificial intelligence and how insurers need to position themselves to respond to the changing business landscape. Frances Stebbing recounts…
‘Financial turmoil’ drives wave of SME Covid BI lawsuits
A law firm claiming to represent thousands of SMEs has initiated dozens of fresh Covid-related business interruption court proceedings.
Admiral is the most complained about general insurer in H1 2023
Data analysis: Admiral, Direct Line Group, Aviva, Axa and RSA were the most complained about general insurers in the first half of 2023, according to the latest Financial Ombudsman Service data.
John Lewis halts offering EV cover amid repair cost concerns
John Lewis has "temporarily paused offering new policies and renewals on fully electric vehicles", citing repair cost concerns.