Co-operative Insurance
Co-operative confirms dedication to GI market
Co-operative Financial Services has claimed general insurance remains "integral" to its business, after announcing plans to shed 750 jobs and sell off its life insurance business.
Royal London in talks to acquire CFS’ life and asset management businesses
Mutual life and pensions company Royal London, has announced that it has entered into exclusive talks with Co-operative Financial Services to acquire its life assurance and asset management businesses, representing around two million policyholders and …
Co-operative calls for tougher stance on false claims
The Co-operative Group is calling for tougher penalties for firms that encourage false personal injury claims and cold-call potential claimants via email, text or phone.
Supercover seeks partners after income quadruples
Niche intermediary Supercover Insurance is seeking new distribution partners after increasing its income four-fold in 18 months.
Affinity: Travel bucks trend as affinity share falls
Finaccord managing director Alan Leach has advised insurers that the affinity market is "not just about motor, household and travel" and to look for potential partnerships in niche segments. He pointed to accident & health, which he said has seen "steady…
Tackling fraud - Roundtable: The time for action is now
With new counter-fraud tools coming onstream, Post gathered a group of experts to assess whether these will be enough to outweigh expected reductions in police resource when fighting this crime. Chinwe Akomah reports.
News analysis - Aggregators: The challenge of converting quotes
In the 10th quarterly price comparison watch, Tom Cooper finds no slowdown in quote volumes but converting them into sales represents a growing challenge.
Cornish wins costs case against RSA
Cornish Mutual has successfully challenged a subrogated repair cost dispute with RSA.
Mega-brands set to strip market share from law firms
More than a quarter of consumers would choose a non-legal brand like Tesco, The Co-operative or The AA over a traditional solicitors practice, new research has revealed.
Co-op to increase aggregator usage
Co-operative Insurance has set its sights on growing its household book by widening its use of aggregators as a means of distribution.
News analysis: shaking up the aggregator market
Google buying Beat That Quote has given the aggregator market a shake-up, claims Tom Cooper, as the 10 million quotes per month barrier is broken.
Co-op and Axa enter RSA repair cost fray
Co-operative Insurance and Axa have followed Provident Insurance in disputing subrogated motor repair costs with RSA, Post has learnt.
Post magazine – 31 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Industry applauds government green light on legal cost reform - Insurance News Now - 31 March 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the industry's response to Ken Clarke's announcement that success fee recoverability in no win, no fee cases is to end.
Co-op posts 48% profit boost
Co-operative Insurance has announced profits of £31.1m for 2010, up 48% on 2009.
Trio joins Questgates
Questgates has made three appointments to its motor division.
Co-op targets young drivers with telematics
Co-operative Insurance has launched a telematics-based motor policy aimed at reducing young driver premiums in the wake of the European Court of Justice ruling, which outlawed gender as a rating factor.
Roundtable: Is there a cross industry solution to rebuilding costs?
The current approach to rebuilding costs can lead to both underinsurance and ill-suited reinsurance programmes. Post gathered together a host of industry figures to debate whether a cross-industry solution could be found. Leigh Jackson reports.
RSA embroiled in legal row over 'new credit hire'
RSA has become embroiled in a legal spat with Provident Insurance over subrogated motor repair costs, an issue that has already been described as the new credit hire.
Motor Claims 2011: Delegates hit out over motor repair fraud practices
Roundtable delegates from Chubb, Co-operative Insurance and Groupama joined forces to slam fraudulent practices from major insurers in motor repair cases.
Co-op targets 10 000 new pet policies after Allianz deal
The Co-operative Insurance is aiming to sell 10 000 new pet insurance policies, after entering a multi-year deal with underwriter Allianz.
Insurer scoffs at ABI gender ruling warning – Insurance News Now – 10 February 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories, including the refusal of specialist female insurer Shelia’s Wheels to accept the Association of British Insurers’ suggestion that it could potentially have to re…
IBM validates SSP solution
IBM has validated Insure J, SSP's component-based general insurance solution, against the IBM insurance industry framework.
Post history - 10 years ago: Insurers to give genetic evidence
Looking through Post's back catalogue paints unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.