Covea Insurance
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”.
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.
Vitality drops out of car insurance market after just two years
Vitality has dropped out of the personal lines motor market after just two years, announcing that it is “no longer offering new car insurance policies,” Insurance Post can reveal.
#10 Covéa
France-domiciled Covéa managed to make it into the Top 10 of Insurance Post’s Top 30 European Insurers 2023 List by achieving 20.9% average premium growth for the year.
Furness appointed as Motor Repair Network MD
Former Covéa Insurance boss Adrian Furness has been appointed as managing director of Motor Repair Network.
Preparation is key as insurers look to avoid repeat of 2022’s storm costs
As the Met Office publishes its annual list of storm names for the upcoming storm season, insurers are looking to avoid a repeat of the financial hit the weather brought in 2022.
Aviva, Crawford, Zurich and Amanda Blanc triumph at 2023 British Insurance Awards
Aviva was among the big winners at the British Insurance Awards 2023, on a night when its group CEO Amanda Blanc took home the Achievement Award.
Covéa’s commercial director Callan exits
Covéa Insurance’s commercial lines director Carrolyn Callan has announced that she has left the company with immediate effect, Insurance Post can reveal.
Furness to leave Covéa after 30 years
Covéa Insurance has selected Georges de Macedo as chief executive and Chris Moat as chairman of its board of directors.
Navigating the impact of the 'cost-of-living crisis' on pet insurance: insights and strategies
Insurance Post, in collaboration with CRIF, recently organised a roundtable to discuss the influence of the current cost-of-living crisis on pet insurance sales and renewals. Izabela Chmielewska reports.
Covéa puts jobs at risk with company restructure
After reporting a loss of £145m for 2022, Covéa Insurance UK is currently undergoing a company restructure, entering a consultation process with employees, Insurance Post can reveal.
Multiple insurers join neurodiversity campaign
The Group for Autism, Insurance, Investment and Neurodiversity has launched a campaign to push the way the insurance industry operates to better enable and equip neurodivergent employees.
Why you would be wrong to write off Amazon’s insurance store
Editor’s View: While Amazon’s initial insurance sales may have failed to set the world alight, Emma Ann Hughes warns the industry should be still be scared because of the e-commerce giant’s track record on delivering the convenience consumers crave.
View from the top: Covéa’s Lisa Meigh on the changing attitudes towards apprenticeships
Lisa Meigh, people director at Covéa Insurance, argues that changes to the student loan system and high living costs could lead to a tipping point in attitudes towards apprenticeships.
Why property insurers are struggling to control claims costs
Analysis: Sam Barrett explores how inflation, increased labour costs plus material shortages are pushing up property insurance claims costs and why working with loss adjusters to remove frictional cost is essential.
Will ditching Solvency II deliver a Brexit dividend or disaster for insurers?
Analysis: Rachel Gordon explores whether ditching Solvency II will free up billions of capital for insurers or ramp up risk and weaken consumer protection.
Flood insurance 'increasingly unaffordable' claims football CEO
Carlisle United Football Club’s CEO has claimed the price of flood insurance for the 119-year-old team’s Brunton Park ground is “increasingly unaffordable”.