Co-operative Insurance
Dual hires interim Co-op finance boss Elston as CFO
Hyperion underwriting arm Dual has appointed the Co-operative Group’s interim finance director for cost performance Andy Elston to the position of chief financial officer.
Regional Review: Manchester
Ask a member of the Mancunian insurance workforce what the benefits of being located in the city are and they’ll likely respond with: “Where do I start?”
Co-op insurance profits up ten-fold despite 'disastrous' year
The Co-operative has seen insurance profits leap upwards in 2013, with the mutual attributing the boosted results to improved claims experience and strong performance of its home portfolio.
Co-op adamant sale uncertainty did not hurt business
Senior insurance bosses at Co-operative Insurance claim uncertainty around the sale of the business did not impact momentum within the company last year.
Co-op Insurance to offer help for flood victims
Co-operative Insurance has launched a package of measures to help customers that have been impacted by the recent floods including advice on home repairs.
Insurance lessons from the Reverend
I've been waiting for commentators in the press to ask questions about what the revelations surrounding the Reverend Flowers late last year has meant for our industry. But so fat, there appears to have been silence on the subject.
ABI confident insurers will get behind its personal injury code of conduct
Code aims to combat perception of insurers exploiting PI claims.
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.