Ageas
Shock IPT raise - more reaction
The insurance sector is still reeling after George Osborne's Budget announcement to raise insurance premium tax by more than 50% from 6% to 9.5%.
Roundtable: Big Data: What can big data do for the insurance industry?
With big data playing a bigger role across all industries, the big question is what it can do for the insurance sector?
Insurers advised to prioritise Flood Re access as April inception looms
Insurers run the risk of losing out to faster-moving rivals if they do not prioritise being able to access the Flood Re scheme ahead of its April 2016 inception.
Cost of data-sharing a thorn in the side of telematics' mainstream potential
The mainstream adoption of telematics remains an unlikely prospect, according to market commentators, as the industry struggles to overcome the price tag older drivers place on their data.
Roundtable: Telematics: a move into the mainstream
Will the falling cost of telematics devices see the technology move away from exclusively targeting young drivers and into other sections of the motor market?
FWD’s Gaughan, Ingenie, LV and Aviva among winners at first Insurance Marketing and PR Awards
FWD founder Michael Gaughan was crowned the winner of the achievement award at the inaugural Insurance Marketing & PR Awards this afternoon.
Industry defends data collection practices in light of CMA report
Insurers have defended their data collection processes following the publication of a critical Competition and Markets Authority report and calls from a consumer champion for greater transparency around how telematics data is used.
Brokers urged to up SME business travel offering
Brokers are being encouraged to consider business travel insurance as part of their SME proposition after Ageas research found 18% of SME firms that travel for business do not have such cover in place.
Geoff Carter resigns from Tesco Underwriting
Tesco Underwriting has announced the resignation of Geoff Carter, CEO, who will take up another senior position within the industry later this year.
C-Suite Broker: Just a little respect
The industry already provides excellent service, but joined-up thinking will lead to mutual respect, says Francois Xavier Boisseau.
Market Moves - 11 June 2015
Keep abreast of the insurance market's movers.
FCA reconsiders claims ratios for add-on products following industry backlash
The Financial Conduct Authority has backed down from its intention to require general insurers to publish claims ratio information for add-on products and plans to publish a discussion paper addressing alternative options in “the coming weeks”.
National Windscreens seals Ageas deal
National Windscreens has been named the sole supplier for all repair and replacement jobs booked through Ageas customers.
S&P grants Ageas A- rating with a positive outlook
For the first time since it withdrew its public information ratings in November 2014, Standard and Poor's has assigned Ageas an interactive rating of A- with a positive outlook.
Penny Black's Insurance Week - 21 May 2015
Penny loves a good freebie so she's always ecstatic when the British Insurance Brokers' Association conference rolls around each year - one can never have too many stress balls,teddy bears and top hats.
Carole Nash renews UMA with Ageas
Motorcycle broker Carole Nash has completed the early renewal of its underwriting management agreement with insurer Ageas.
Latest insurer data leak reignites calls for tougher CMC regulation
Insurers and claimant lawyers have united in calling for tighter regulation of the claims management industry after the latest data breach involving an insurance company employee selling confidential customer information sparked a police inquiry.
Civil justice issues in danger of being sidelined by EU referendum
An insurance law firm has warned of a "strong possibility" civil justice reforms will take a back seat under the newly elected Conservative government while it focuses on the proposed 2017 European Union referendum.
Watson hails commercial action plan for improved COR
Ageas UK CEO Andy Watson says the 31.6 percentage point improvement in his firm's commercial combined ratio for the first three months of 2015 was the result of a sustained action plan of which the next phase is to grow the account.
Ageas reports ‘profitable but challenging' Q1 figures
Ageas UK has reported a net profit of £12m for the first three months of 2015 compared to a loss of £4.5m in the same period of 2014.
Ageas COO Barry Smith to retire
Ageas Group chief operating officer Barry Smith is to retire as of 1 October 2015 and will be succeeded by AG Insurance CEO Antonio Cano.
Trade union to protest at Ageas HQ over call centre closure
The Communication Workers' Union will hold a protest at Ageas' Bournemouth headquarters this afternoon (27 April) over plans to close a call centre in Belfast.
NIHL overcrowding leading to claims 'backlog' as new entrants flood market
The noise induced hearing loss arena is producing a logjam of claims and is becoming overcrowded with new entrants, according to members of both the defendant and claimant legal fraternities.
Jargon: Beat the bull
Insurers need to make sure their communication is crystal clear and jargon-free, or face the fallout from consumers and regulators.