Covea Insurance
People moves - 28 July 2011
A round-up of people moves and new appointments in the industry, as featured in the 28 July 2011 edition of Post.
MMA plots commercial lines expansion
MMA Insurance has announced a string of nationwide appointments and promotions within its commercial underwriting team.
French mutual Covéa adds new member
French mutual insurance group Covéa has confirmed Apgis is to join its group.
Broker networks: Member merits
Brokers often highlight the merits of network structures but is their enthusiasm shared by insurers? Peter Knowles reveals what underwriters really think about the membership model.
People moves - 19 May 2011
A round-up of people moves and new appointments in the industry, as featured in the 19 May 2011 edition of Post.
MMA appoints new commercial development manager
MMA Insurance has appointed Derek Bradshaw as development manager, to drive commercial growth through broker partners.
S&P: Provident rating may improve by two notches after Covea deal
Standard & Poor's has placed its 'BB+' long-term counterparty credit and insurer financial strength ratings on Provident Insurance on CreditWatch with positive implications.
News analysis - Provident Insurance: signed, sealed, delivered
The ink has just dried on the deal that sees ownership of Provident move from troubled US firm Ally Financial to French company Covea. Daniel Dunkley reports on what the future holds for the motor insurer.
MMA unveils dedicated schemes team
Insurer MMA has unveiled a new team to deal with its commercial schemes business.
Covea confirms Provident purchase
MMA parent company Covea has confirmed its purchase of Ally Financial-owned motor insurer Provident Insurance.
MMA and Broker Network strengthen ties
Members of Broker Network can trade with commercial insurer MMA via BN’s Network Trading Room.
MMA selects motor claims solution
MMA Insurance has selected ISO Claims Outcome Advisor for the company’s motor insurance claims.
Insurer mergers & acquisitions: Is 2011 the time to strike?
After a lean period for insurer mergers and acquisitions through the economic downturn, Daniel Dunkley reports that the first rays of sunlight might begin to show in 2011.
Insurers attack 'reckless' NIG guarantee
Key players in the commercial insurance market have rounded on NIG's recent 'guarantee to beat' commercial strategy for NIG Network customers.
NIG defends aggressive “Guarantee to Beat” pricing campaign
Dave Parry, director of sales and distribution at NIG, has defended the firm’s March/April “Guarantee to Beat” pricing strategy, recently advertised to brokers.
Ally insists it still plans to sell "discontinued op" Provident Insurance
Provident Insurance’s US owner Ally Financial has told Post it still plans to sell the business despite revealing in its 2010 accounts last week that the business was now classed as a “discontinued operation as of 12/31/2010”.
General insurer review of the year: The nearly year
Jonathan Swift looks back over 12 months in which many market- changing events didn't materialise and finds out what industry leaders think may be in store for general insurance in 2011.
Legal review of the year: Less doing more
Consolidation among insurance law firms was the hot topic for 2010, as they try to meet insurers' demands. Veronica Cowan reports on an interesting year.
MMA suffers S&P downgrade
Ratings agency Standard & Poor’s has downgraded the financial strength and counterparty credit ratings for French insurer MMA.
MMA appoints new development manager
Broker-only insurer MMA Insurance has appointed Caroline Fisher to a newly-created position of development manager to cover the south east.
Interview - Ray Cox: True Brit
Brit may have taken its time in naming a new UK CEO, but now Ray Cox is in place he tells Jonathan Swift he is eager to build on his forerunner's legacy.
Commercial property - valuations: Wide of the mark
With recent figures suggesting as many as 77% of buildings are currently underinsured, Rachel Gordon investigates the root causes and potential solutions.
Sagicor eyes SME after Josephs hire
Barbados-based insurer Sagicor is targeting growth in the UK's SME space after recruiting MMA Insurance's former head of distribution Ian Josephs to launch a range of web-based products.
The Insurance Fraud Awards 2010 - winners announced
Over 380 of the great and the good from the general insurance industry's fraud detection and prevention sector gathered in London last night for Post's Insurance Fraud Awards 2010.