Ageas
Castle Cover buy 'opportunistic' for Ageas
Ageas' acquisition of Primary Group's over-50s insurance specialist Castle Cover for £52.8m was "opportunistic" according to chief executive Barry Smith.
RBSI to learn from past experience
Royal Bank of Scotland Insurance has claimed its new partnership with Sainsbury's Finance will benefit from the lessons it learnt from its failure to retain former partner Tesco Bank.
Editor's Comment: Fairy godmothers and streets paved with gold?
Unfamiliar with the taste of success when it comes to lobbying for reform in the personal injury arena, insurers across the UK may still be waiting for the ‘Bobby Ewing in the shower’ moment.
Post Blog: not so sweet on a supermarket sweep
This week Esure became the latest insurance group to shrug of the loss of a multi-million pound deal with one of the UK's largest supermarket chains, with a response which might as well have come from Little Britain's Vicky Pollard.
Post blog: not so sweet on a supermarket sweep
This week Esure became the latest insurance group to shrug of the loss of a multi-million pound deal with one of the UK's largest supermarket chains, with a response which might as well have come from Little Britain's Vicky Pollard.
Ageas acquires Castle Cover for £53m
Ageas UK has acquired over 50s specialist Castle Cover in a £52.8m deal. The insurer said that the purchase will increase its customer numbers to around eight million.
Walter hints at new business proposition
Outgoing Insurecom chief executive Phillip Walter has revealed he is in talks with venture capitalists about launching a new business once he exits the firm in May.
Interview - Janet Connor: targeting the over 50s demographic
Managing director of Rias Janet Connor chats to Amy Ellis about targeting the over-50s demographic, embracing aggregators and non-insurance diversification.
Rias to launch on aggregator
Over-50s insurer Rias is set to move onto aggregator websites for the first time in a bid to keep up with the competition.
RBSI ousts Esure as Sainsbury’s signs up new motor insurance underwriter
Royal Bank of Scotland Insurance has won a multi-million pound contract to replace Esure as motor insurance provider to Sainsbury’s Finance.
Aldermanbury Declaration - One Year On: The Debate
If you missed yesterday's live webinar debating the Aldermanbury Declaration - one year on - it is now available for viewing on-demand.
Interview - John O'Roarke: taking LV to the next stage
John O'Roarke has seen the highs and lows of a career in insurance. He talks to Daniel Dunkley about his journey to LV and his plans for the next stage in the firm's development.
Ageas toughens stance on household insurance rates
Ageas chief executive Barry Smith has said the insurer "needs to do more" to improve its household insurance offering and encourage preventative action following losses amassed during the winter freeze.
AIS marks first anniversary of motor deal
Ageas Insurance Solutions has celebrated the first year anniversary of its three year deal with Aioi Nissay Dowa Insurance Company of Europe Ltd regarding the provision of motor insurance to Toyota PLC’s 1.3 million UK Toyota and Lexus customers.
Post Magazine – 17 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Reinsurance sector braced for huge losses in Japan– Insurance News Now – 17 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories which include the global reinsurance industry pulling together to absorb the impact of the 9.0 magnitude earthquake that struck Japan on 11 March.
Ageas UK reports £16.6m GI loss in 2010, after Q4 weather claims hit
Ageas UK's general insurance made a loss of £16.6m on gross written premium of £925.1m (an increase of 14.9% on 2009) in 2010.
Interview - Jason Stockwood: A match made in heaven
Moving from the online dating world to insurance broking seems an unusual step. Jason Stockwood explains to Daniel Dunkley what he can bring to the sector.
Interview – Simon Douglas: the attraction of AA Insurance
Simon Douglas, director of AA insurance, previously worked in the life & pensions and private medical markets. He talks to Mairi Macdonald about what attracted him to the debt-laden business and the challenges it faces.
Ageas “disappointed” in gender directive decision
Commenting on the European Court of Justice ruling on the gender Directive, Ageas said it is disappointed that the European Court has ruled that differential insurance pricing based on statistical gender differences will no longer be permitted from…
LV turnaround is almost complete, says O'Roarke
LV general insurance managing director John O'Roarke has revealed the task of turning around the business he joined in 2006 is "90% completed", as the firm saw a £33m increase in profit for 2010.
Ageas strengthens commercial broker team
Ageas has appointed three new broker account executives to cover the North east, East and West Midlands, and South west.
Motor Claims 2011: Adderson clashes with Smale over motor claims collaboration
Brit Insurance claims manager Paul Adderson has spoken out against Rob Smale, claims and operations director at Ageas, and his view that the motor claims industry should not collaborate.
Insurers attack 'reckless' NIG guarantee
Key players in the commercial insurance market have rounded on NIG's recent 'guarantee to beat' commercial strategy for NIG Network customers.