Covea Insurance
Motor Insurance: The road to profit
Could recent legislation provide the turning point motor insurers need to drive them into long-awaited profitability, or are tough times set to continue?
Market Moves: Broking sector has quiet week apart from a new COO role created at BMS
The recruitment merry-go-round produced a mixed bag of hires this week, with Covéa taking a lead role on behalf of insurers. The broking sector, usually a hive of market hiring activity, threw up little of note – although BMS Group proved the exception…
Dual Pricing: Priced Out
Dual pricing is an industry bugbear with traditional errors being replaced with deliberate pricing policies. But is it the sign of a healthy, competitive market or a practice that should be eradicated?
Covéa reshuffles UK commercial lines team
Covéa Insurance- the UK underwriting business of French mutual insurer Covéa- has reshuffled its commercial lines team.
Covéa shakes up commercial lines team
Covéa has made some senior changes to its commercial lines underwriting team.
R&Q completes French acquisition
Randall & Quilter Investment Holdings has closed the acquisition of the share capital of French domiciled insurer La Réassurance Intercontinentale from MMA.
Subrogation: Fair Play?
With some firms facing criticism over their approach to subrogation, are motor insurers acting in customers’ best interests or is this outdated legal framework being exploited?
Triple merger takes its toll on Covea's 2012 pre-tax profit
Covea Insurance saw its pre-tax profit plummet by almost 50% last year, as merger activity took its toll on the firm’s full year results.
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.
Liberty Mutual promotes two in commercial property reshuffle
Liberty Mutual’s commercial business has shaken up its leadership in a bid to grow its regional property results.
Cooter plans to double Covéa's commercial lines book
Covéa has announced ambitious plan to grow its commercial lines operation, positioning the firm as a mid-market regional business.
S&P upgrades MMA following Covea restructure
Standard and Poor has upgraded its insurer financial strength rating and counterparty credit rating on MMA-AM from 'A-' to 'A'.
Covéa uncovers Dudley driver's false claim
An Audi driver from Dudley who made a four-figure insurance claim for a fictitious crash has been ordered to undertake 120 hours unpaid work.
Market Moves: Insurers take the week’s spoils as Ace leads recruitment surge
This week, insurers were on top, with Ace, Covéa and Liberty Mutual among the firms to have tied up deals to bring in new faces.
Allianz & Covéa win RSA subrogation appeal decision
Allianz and Covéa have been handed the right to appeal last year’s High Court RSA subrogation verdict.
Covéa expands Riskstop partnership
Covéa Insurance has renewed a deal for Riskstop to carry out site surveys and manage implementation of risk improvements.
Hastings makes double NED appointment at group companies
Former Groupama international division managing director Pierre Lefèvre has been appointed as a non executive director to Hastings Insurance Group and Advantage Insurance Company.
Market moves: Brokers lead recruitment drive with major hires at Reich, Russell Scanlan and RFIB
The recruitment space belonged to broking this week, with Reich, Russell Scanlan and RFIB all recruiting senior staff. Reich welcomed a new head of group operations, while Russell Scanlan and RFIB added directors to their respective teams. Meanwhile,…
Covéa hands head of financial crime role to ex-police chief
Covéa Insurance has appointed Steve Jackson, former senior fraud manager at Zurich as head of financial crime.
Fraud prevention: Capital punishment
It has been a year since the Insurance Fraud Enforcement Department opened for business in the City of London. Is the specialist team living up to the hype?
Market moves: Twice is nice for JLT as broking sector leads the way
This week belonged to the broking sector, with JLT adding added new staff to its speciality and reinsurance arms. There were also moves in the intermediary space for BGL, Miller and Towergate.
Aviva inks Tesco Bank motor cover agreement
Aviva has signed a three-year deal to become Tesco Bank's fifth private motor insurance provider.
Covéa and telematics provider Intelligent Marmalade part ways
Covéa is no longer providing capacity for the telematics arm of car insurer Marmalade.
Covéa appoints UK commercial lines director
The UK underwriting arm of French mutual Covéa has appointed Simon Cooter as commercial lines director.