Covea Insurance
Covéa to decide on Sterling Insurance brand by end of Q3
Covéa will make a decision about whether to keep the Sterling name later in the year after it has consulted with brokers, its CEO has said.
Sterling to transfer to Covéa as Sweeney steps down
Sterling Insurance is to be fully transferred into Covéa Insurance with the process expected to complete by the end of 2015.
Notion of non-compulsory motor cover for driverless cars dismissed by experts
Public mistrust of driverless car technology and a potential influx of personal injury law suits have been cited by industry experts as the main reasons why the development of autonomous vehicles will not lead to the end of compulsory motor insurance.
Covéa to shift away from broker-only distribution model
Covéa is planning to make a change to its distribution channels and move away from its existing broker-only model, Post understands.
Insurers dismiss 'misleading' CRU figures showing declining whiplash claims
Insurers have described government figures obtained via an Association of Personal Injury Lawyers freedom of information request as “misrepresentative” of the true scale of whiplash claims.
Biba bites: Keith Hector
Post caught up with Covea, head of regions, South, Keith Hector, ahead of the Biba conference in Manchester.
Biba bites: Carol Geldard
Post caught up with marketing and communications director at Covea, Carol Geldard ahead of the Biba conference in Manchester.
Biba bites: Sue Coffey
Post caught up with head of personal lines distribution at Covea Sue Coffey ahead of the Biba conference in Manchester.
MIB to take action as decline in uninsured drivers slows
Insurers have conceded they are largely powerless to prevent an uptick in uninsured drivers after the Motor Insurers' Bureau reported the number of motorists without insurance had “plateaued out” after a decade of steep decline.
Covéa signs up to the IFR
Covéa Insurance has become the latest insurer to join the Insurance Fraud Register.
Covéa boss fears CMA 'failure' on credit hire will increase costs in 2015
The Competition and Market Authority’s failure to take action on credit hire costs following its private motor report last year risks spurring claims inflation, according to Covéa Insurance CEO James Reader.
Fraud investigation firm VFM enters liquidation
Peterborough-based claims investigation firm VFM Services has gone into liquidation resulting in the redundancy of the firm's entire workforce, Post understands.
Covéa credits 'disciplined' pricing for 40% rise in 2014 pre-tax proift
A “disciplined approach to pricing” has been attributed to Covéa Insurance's improved combined operating ratio of 97.8% for 2014 (FY 2013: 98.7%).
C-suite - Insurer: It’s legal, but is it right?
The CMA’s lack of action over subrogated claims means the industry itself must act, says Adrian Furness, claims director, Covéa Insurance.
Market Moves - 19 March 2015
All the latest job moves in the insurance market.
Industry launches apprenticeship framework
A government-backed apprenticeship framework has been launched by the insurance industry which has the support of sector bodies the Association of British Insurers, the British Insurance Brokers' Association and the Chartered Insurance Institute.
Roundtable: How to keep ‘Generation Digital’ satisfied
Consumers that have grown up in the digital era are becoming more demanding. How can insurers keep up with technological advances to keep them happy?
5 things we didn't know this time last week
It's been a busy week in the news with Towergate and Gallagher swapping staff and insurers puffing out their chests to reveal their results so you might be forgiven for missing other news that has happened this week.
Covéa confirms acquisition of Sterling
Covéa’s acquisition of Sterling has been given the green light by the Prudential Regulation Authority.
Cedants less likely to transfer business to reinsurers, says AM Best
Europe’s 20 largest cedants are benefitting from lower reinsurance rates and stronger bargaining power according to ratings agency AM Best.
Career Development: David Cameron visits Covéa offices to meet apprentices and graduates
Covéa Insurance had the opportunity to showcase the insurance industry as a desirable profession, as Prime Minister David Cameron visited apprentices and graduates at the firm’s Halifax office.
90% of 2013/14 winter flood and storm claimants satisfied with service
Nine out of ten customers that made a flood or storm claim last winter were satisfied with the way it was handled, according to a study by the General Insurance Market Research Association.
Covéa launches new fleet product to boost commercial growth
Covéa Insurance, the UK subsidiary of French mutual Covéa, will launch a new fleet product for commercial brokers this month.
‘Complementary’ Sterling deal tipped to boost Covéa’s growth ambitions
Insurer edges closer to top 20 insurers with acquisition of HNW specialist