Ageas
Groupama extends range of small fleet product
Groupama Insurances has extended the range of its Optima Small Fleet product, making it available for well-managed small fleets of up to 25 vehicles.
Smith to spearhead Ageas growth with three-year plan
Ageas UK's new chief executive Andy Watson has stressed that the firm will keep an active eye on potential acquisitions after taking the reins from Barry Smith, who has stepped up to become the group’s first chief operating officer.
Marchington aims high with new broker
Andrew Marchington's start-up broking venture Highworth Insurance is aiming to achieve £5m to £10m gross written premium within three years, targeting the mid to high net worth and non-standard home insurance market.
Editor's comment: Prioritising prevention
There are occasions when expert commentators would prefer their long-term predictions to never come true.
Post magazine - 17 January 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Smith goes global in new COO role as Watson steps up to Ageas UK CEO
Barry Smith's promotion to the newly created role of group chief operating officer at Ageas will see him tasked with delivering the insurer's 2015 strategic vision on a global level, including its ambitions for emerging markets in Europe and Asia where…
Post magazine - 3/10 January 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Ex-Castle Cover boss Marchington launches new broker
Andrew Marchington, the founder and former managing director of Castle Cover, has launched a broker specialising in the mid to high net worth and non-standard home insurance markets.
Ageas creates new COO role to oversee Asian and European growth
Ageas UK CEO Barry Smith has been promoted to a new Ageas group role of chief operating officer.
Barry Smith steps up to Ageas group role as Watson becomes new UK CEO
Ageas UK CEO Barry Smith has been promoted to a new Ageas group role of chief operating officer.
Insurance industry slams Dispatches allegations
The insurance industry has defended itself against accusations made by Channel 4's Dispatches programme last night that insurers "maximise profit at the expense of doing what's best for the consumer".
General insurance review of the year: It never rains, but it pours
Flooding, and the ongoing struggle to replace the Statement of Principles, has been at the forefront of a range of difficulties faced by the general insurance market in 2012. Will 2013 bring a silver lining?
Ageas acquisition boosts Groupama Insurances rating
Standard & Poor's has raised Ageas' financial strength rating to 'BBB' with a 'stable outlook', having reviewed the insurer's financial and business risk profiles.
S&P affirms Groupama SA rating following UK sale
Standard & Poor's has affirmed its BB- long-term counterparty credit and insurer financial strength ratings on French insurer Groupama SA and its guaranteed subsidiaries.
Vauxhall, Ageas and Ingenie enter into telematics insurance deal
Vauxhall Motors has signed a telematics car insurance deal with Ageas and Ingenie, offering cover for 17 to 25 year-olds when they purchase a car from a Vauxhall dealership.
Bollington MBO could be completed within weeks
A management buyout at Macclesfield-based Bollington could be finalised within weeks, despite speculation that a decision on the Groupama-owned broker's future is on the back burner.
More insurance jobs to be cut as major players wrestle with economic climate
Aviva and Direct Line Group will not be alone in making job cuts over the next 12 months as other insurers look to streamline their businesses, market observers have warned.
Groupama Insurances launches software house integration
Ageas subsidiary Groupama Insurances has launched its first e-traded product on Open GI, Acturis and Insurecom.
Broker sales on back-burner
The sale of Groupama-owned brokers Bollington and Carole Nash are said to be on the back-burner while the dust settles on Ageas’ acquisition of the UK insurance arm.
Ageas, Allianz and Axa work together on Biba risk transfer plan
Three of the largest insurers are collaborating with the British Insurance Brokers' Association on a plan to mitigate the "administrative nightmare"” proposed by the Financial Services Authority on risk transfer and client money.
QBE replaces Ageas as commercial capacity provider to UK General
QBE has been appointed sole carrier for UK General's commercial insurance programme and its agricultural specialist business Rural Insurance.
Ageas completes £116m acquisition of Groupama Insurances
Ageas has completed its acquisition of Groupama Insurances – less than three months after it revealed the £116m deal.
Post magazine - 8 November 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Ageas to build broker brands as Groupama name phased out in UK
The Groupama Insurances brand is to be phased out of the UK marketplace following completion of the insurer's sale to Ageas UK.