Tesco Bank

BIA 2012: Business Transformation Deal of the Year

Winner: Ageas and Tesco Underwriting Ageas and Tesco's ability to seamlessly transfer more than a million customers, while launching a new underwriting business, on time and under budget, makes them worthy winners, writes Stephanie Denton.

Car insurance tops web search queries

Quarterly research by Greenlight found insurance-related searches in January totalled 1.9 million, down from more than 2.3 million in October 2011, but car insurance searches leapt.

Your Say: Taking on Tesco

Since Axa and Zurich reported improved UK earnings in mid-February, a number of other insurers have impressed with upbeat personal lines results. After a dismal 2011, these performances should be applauded, and demonstrate that, unlike the banks, which…

Smith: Ageas saw "a step change"

Ageas boss Barry Smith has told Post that high street provincial brokers provided the biggest boost to business last year, with broker business growing by as much as 20%.

Tesco deal gives Ageas a record year

Ageas UK cited organic growth and its new Tesco business for a near 70% boost to its premium income for 2011 to £1,979.5m and a record profit of £105m compared with a loss of nearly £25m in the previous year.

Expert analysis: Relatively calm

Although competition remains fierce in the aggregator arena, the rush for volume has slowed as the motor market moves closer to break-even point, says Tom Cooper, Igo4.

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