Covea Insurance
Career file: Keith Hector: Ex-Axa director Hector to lead Covéa's southern operation
Covéa Insurance has appointed Keith Hector to the newly created position of head of regions for the South.
Market Moves: Axa leads the way with a batch of new recruits as Hanks re-emerges at Liberty
Insurance industry recruitment picked up this week, with insurers and brokers alike busy hiring new staff. Axa was among the most prolific, while HCC, AIG, Bluefin and Keelan Westall were also active. The week also saw the return of former Allianz boss…
Ex-Axa director Hector to lead Covéa's southern operation
Covéa Insurance has appointed Keith Hector to the newly created position of head of regions for the south.
Garry Fearn to step down from Covéa
Garry Fearn is to step down as Covéa Insurance executive deputy chairman from 15 September.
Market moves: Insurers on top as appointments enter summer lull
Insurers eclipsed brokers in the recruitment race this week, as appointment activity entered its summer lull. QBE property director Finlay Smith returned to RSA and notable hires were also completed at Novae and Covéa, where commercial lines director…
Covéa appoints Owen to newly-created post
Covéa Insurance has named Maureen Owen head of regions for the North.
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?
View from the Top: Crazier than spaghetti junction
After all the protracted pandemonium for motor insurers, discipline is now needed, says Colin Batabyal, personal lines director, Covéa Insurance
Cooter eyes third strategic hire to support Covéa growth ambitions
Covéa commercial lines director Simon Cooter is preparing to unveil a third "key" appointment, as plans to double the size of the firm's commercial book gather momentum.
Market Moves: High-profile moves come to the fore at Bluefin and Covéa, while Markel hires two
Another hectic week saw the usual suspects come to the fore with high-profile moves at Bluefin seeing the broker’s CEO stepping up to the role of executive chairman, while at Covéa a new SME leader will be reunited with a former Brit colleague who joined…
Swinton launches £60m business plan revamp after FCA intervention
Swinton is investing £60m in modernising its multi-channel operation after falling foul of a regulatory inquiry into some of its sales practices.
Towergate recruits from Covéa for Countrywide segment boss
Broker Network and Countrywide has recruited Covéa’s Keith Svendsen for a newly created position as Countrywide segment manager.
Motor Insurance: The road to profit
Could recent legislation provide the turning point motor insurers need to drive them into long-awaited profitability, or are tough times set to continue?
Market Moves: Broking sector has quiet week apart from a new COO role created at BMS
The recruitment merry-go-round produced a mixed bag of hires this week, with Covéa taking a lead role on behalf of insurers. The broking sector, usually a hive of market hiring activity, threw up little of note – although BMS Group proved the exception…
Dual Pricing: Priced Out
Dual pricing is an industry bugbear with traditional errors being replaced with deliberate pricing policies. But is it the sign of a healthy, competitive market or a practice that should be eradicated?
Covéa reshuffles UK commercial lines team
Covéa Insurance- the UK underwriting business of French mutual insurer Covéa- has reshuffled its commercial lines team.
Covéa shakes up commercial lines team
Covéa has made some senior changes to its commercial lines underwriting team.
R&Q completes French acquisition
Randall & Quilter Investment Holdings has closed the acquisition of the share capital of French domiciled insurer La Réassurance Intercontinentale from MMA.
Subrogation: Fair Play?
With some firms facing criticism over their approach to subrogation, are motor insurers acting in customers’ best interests or is this outdated legal framework being exploited?
Triple merger takes its toll on Covea's 2012 pre-tax profit
Covea Insurance saw its pre-tax profit plummet by almost 50% last year, as merger activity took its toll on the firm’s full year results.
Cooter targeting brokers in Covéa commercial lines relaunch
Covéa is planning to corner the difficult commercial lines market by winning over brokers through building closer relationships.
Liberty Mutual promotes two in commercial property reshuffle
Liberty Mutual’s commercial business has shaken up its leadership in a bid to grow its regional property results.
Cooter plans to double Covéa's commercial lines book
Covéa has announced ambitious plan to grow its commercial lines operation, positioning the firm as a mid-market regional business.
S&P upgrades MMA following Covea restructure
Standard and Poor has upgraded its insurer financial strength rating and counterparty credit rating on MMA-AM from 'A-' to 'A'.