Covea Insurance
Axa, MMA and Allianz linked with Groupama swoop
Axa, MMA's parent Covea and Allianz have been tipped to buy Groupama arm GAN, according to reports.
Lloyd's insurer Brit appoints Evercore to sell £150m UK arm
Dutch insurance group Brit is looking to close the first round bidding process for its UK retail arm this week, Postonline has learnt.
Catlin marine and transport division takes underwriting team of the year 2011 title
Ace Europe and Catlin were both double winners at the 2011 Underwriting Service Awards last night at the Kia Oval.
Market moves: Setting the trend
Insurer MMA was the main recruiter this week, with the firm naming five new staff across its regional office network. The moves set the trend among fellow underwriters, with high-profile appointments at Groupama, DAS and for Markel’s fledging operation…
Insurer regionalisation: Spreading your wings
A number of industry players have recently bucked the trend of rationalising, to open new regional bases. Is localism a pasing fad or here to stay?
MMA to build on regional success with key appointments
MMA Insurance has moved to further bolster its regional offering with the appointment of five senior figures, following the news of a 50% growth in the sector.
Firms warned of hardline FSA approach
A UK insurance boss has welcomed the Financial Services Authority proposals to properly inform customers about packaged bank accounts.
Market moves: Getting ready for the fourth quarter
Lloyd’s players were the most active recruiters this week as the insurance industry looks forward to the fourth quarter. A number of underwriters in the London Market made appointments, with a view to strengthening their teams. Moves among insurers…
Bruce joins UK General in bid to boost growth of commercial lines
UK General has appointed Cathie Bruce to the newly created position of commercial managing director, hoping the new high-profile role will help mimic the success of Rural Insurance.
MMA appoints Solvency II chief
MMA Insurance has appointed Anthony Collins as head of actuarial focusing on the firm's preparations for Solvency II.
UK General signs capacity deal with MMA
UK General has signed a new capacity deal with MMA to broaden the terms of its tradesman’s liability offering.
Half of UK’s brokers managing schemes
Schemes specialist insurer MMA has today revealed a new study that suggests a significant uptake in the number of brokers undertaking schemes work.
MMA launches motor trade combined cover
MMA Insurance is bucking the trend of insurer cutting capacity and shrinking their motor trade books by expanding its range with the introduction of a motor trade combined product.
Former Confused chief set to head new aggregator
Former Confused and Tesco Compare chief Debra Williams has been named as the CEO of a new Covea backed price comparison site.
People moves - 28 July 2011
A round-up of people moves and new appointments in the industry, as featured in the 28 July 2011 edition of Post.
MMA plots commercial lines expansion
MMA Insurance has announced a string of nationwide appointments and promotions within its commercial underwriting team.
French mutual Covéa adds new member
French mutual insurance group Covéa has confirmed Apgis is to join its group.
Broker networks: Member merits
Brokers often highlight the merits of network structures but is their enthusiasm shared by insurers? Peter Knowles reveals what underwriters really think about the membership model.
People moves - 19 May 2011
A round-up of people moves and new appointments in the industry, as featured in the 19 May 2011 edition of Post.
MMA appoints new commercial development manager
MMA Insurance has appointed Derek Bradshaw as development manager, to drive commercial growth through broker partners.
S&P: Provident rating may improve by two notches after Covea deal
Standard & Poor's has placed its 'BB+' long-term counterparty credit and insurer financial strength ratings on Provident Insurance on CreditWatch with positive implications.
News analysis - Provident Insurance: signed, sealed, delivered
The ink has just dried on the deal that sees ownership of Provident move from troubled US firm Ally Financial to French company Covea. Daniel Dunkley reports on what the future holds for the motor insurer.
MMA unveils dedicated schemes team
Insurer MMA has unveiled a new team to deal with its commercial schemes business.
Covea confirms Provident purchase
MMA parent company Covea has confirmed its purchase of Ally Financial-owned motor insurer Provident Insurance.