Co-operative Insurance
DfT demands more telematics research before young driver safety green paper
Insurers warn telematics is not a ‘silver bullet’ as long wait for paper continues.
Co-op ‘gets out of jail’ with refinancing deal to avoid selling GI business
Mutual was unlikely to find an acceptable value for unit.
Markerstudy spurned last minute Co-op bid
Gibraltar-based motor insurer Markerstudy declined an offer to join an unnamed US investment house in a last-minute bid for the Co-operative’s general insurance arm, Post can reveal.
The Co-operative has done a u-turn over insurance sale - but for how long?
The news that the Co-operative Group has decided not to sell its insurance business after putting it in the shop window in March last year might have caught some on the hop.
Co-op acknowledges GI business potential as it scraps sale plans
The Co-operative Group has scrapped plans to sell its general insurance business.
FCA planning Co-op Bank probe
The Co-operative Bank is facing a Financial Conduct Authority, the regulator revealed today.
Truell bolsters GI presence with stake in 'game changing' tech business
City financier Edmund Truell has acquired a significant minority stake in technology business Regulatory Efficiency Gains, which he believes will “completely change” the way the insurance market operates.
LV in the race to purchase Co-op's GI division
LV is reportedly in the race to purchase the Co-operative insurance’s operations.
Co-op Bank hikes PPI provisions by £105m
The Co-operative Bank has said that cost relating to the mis-selling of payment protection insurance may be up to £105m higher than expected.
ABI backs young driver curfews despite resistance from members
Telematics provider labels plans a ‘draconian, backwards step.
L&G bids for Co-op household book
Legal and General has placed a bid for the Co-operative Group’s household insurance book.
Roundtable: Fraud: Seeking a knockout blow
How are recent changes to the legal landscape and calls for a more collaborative approach impacting the insurance industry’s fight against fraud?
Aviva tops lists of most valuable insurance brands
Aviva, RSA and Axa have topped a list of the UK’s top 50 most valuable insurance brands compiled by brand valuation agency Brand Finance.
Women drivers more likely to recommend their motor insurer
Women drivers are more likely to recommend their motor insurer than men, a survey of more than 12 000 pre-renewal consumers has found.
Hastings and Co-op plan for future as major investment deals mooted
Hastings’ sale of a stake in the business to Goldman Sachs may herald an era of more aggressive management, according to analysts.
Co-op's up-for-sale GI business sees improved COR
The Co-operative's general insurance arm has posted impressive results despite poor performance for the rest of the insurance division.
Haste plotting swoop for Co-op's GI business
Former RSA boss Andy Haste has been linked with a private equity bid to buy the general insurance arm of Co-operative Group.
Website review: Confused: Is it time for an MOT for Confused.com?
Compuware evaluated the web performance of Confused’s car insurance website between 17 May and 19 June using Gomez’s performance benchmark.
Former Co-op GI boss Neave named LV non-exec
David Neave has been approved as a non-executive director at LV, after leaving the Co-operative Insurance at the end of 2012.
In Series: Claims: A moral dilemma
The industry is split over the ethics of subrogation. Will Competition Commission intervention resolve the situation once and for all, or can insurers find their own solution through bilateral agreements?
Q&A: Andy Watson: Happy days
Andy Watson reflects on his short time in charge of Ageas UK and discusses market issues, including the referral fees ban, regulation, telematics and recent job cuts in the sector.
Business as usual says Co-op as it launches £6m ad campaign
The launch of a new advertising campaign for The Co-operative Insurance represents "business as usual" according to commercial director Lee Mooney.
UK banks told to raise £27bn
Figures from the Bank of England’s financial policy committee show a shortfall of £27.1bn in capital held by five UK financial institutions, half of which were at Royal Bank of Scotland.
Co-op’s stock market plans won’t impact GI sale
The Co-Operative has confirmed its plans to sell its general insurance operation have not been impacted by the decision to float its banking division.