Groupama
Schemes: Scheming for success
Schemes business requires significant investment to make it work and underwriters are not prepared to tolerate poor profitability. But, as Jane Bernstein reports, the benefits are many and it remains attractive to brokers.
Penny Black's insurance week
Another year, another Biba conference; brokers nurse their hangovers, hacks try to recall the juicy story slurred in their ear at 2am, and insurers vow to return to the exhibition hall next year with a bigger stand than Aviva, nicer cup cakes than Zurich…
S&P downgrades Groupama IFS rating
The insurer financial strength rating of Groupama has been downgraded from ‘A-‘ to ‘BBB+’ by Standard & Poor’s because of its “material exposure to Greek government bonds”.
In series: first-party fraud: Indicator or prohibitor?
Insurers are increasingly looking at options to help prevent fraud at the front end. Credit checks are common when assessing the ability to pay but Jane Bernstein asks whether they could also help as a fraud indicator.
Biba 2011: Groupama vows "radical change" in online SME market
Brokers targeting the SME sector are about to see "a radical change" to the way traditional commercial combined cover is quoted and secured, it was today claimed at the British Insurance Brokers' Association conference.
Biba 2011: A round-up of all the conference news
With the British Insurance Brokers' Association conference underway in Manchester Post breaks the news as it happens.
Biba 2011: A round-up of all the conference news
With the British Insurance Brokers' Association conference underway in Manchester Post breaks the news as it happens.
Broking supplement - Commercial rates: A war of words
The soft commercial lines market has heated up recently, as insurers accuse each other of failing to put prices up. Rachel Gordon reports on this bitter war of words.
Comment - e-trading: the future of commercial
E-trading in the commercial market is on the way. Dawn Dillaway looks at why this innovation will be a game-changer for the sector and why the critics are wrong.
View from the top: kill the costs monster
I'm delighted the government is backing Lord Jackson's suggested overhaul of civil litigation costs — but the champagne remains on ice.
In series - first-party fraud: banging the drum
The industry is slowly changing public perceptions that insurance fraud is a victimless crime. Jane Bernstein looks at recent initiatives and asks what more the market can do in terms of prevention?
Post magazine – 5 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Roundtable - Cloud computing: head in the clouds
The term 'cloud computing' is very much in vogue. Post gathered together technology and insurance industry experts to debate whether the industry is ready to seize the opportunities it can offer. Amy Ellis reports.
Post history - 10 years ago: Groupama in talks over Sorema sale
Looking back through Post's back catalogue paints aunique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Groupama launches recruitment product
Groupama Insurances has unveiled a new broker-distributed cover for recruitment firms.
HR focus - default retirement age: retiring gracefully
The abolition of the default retirement age comes into force later this year. Paul Cann explores potential consequences for employers as they prepare to accommodate an ageing workforce.
In Series - Fraud: Two sides to every story
Taking fraudsters to court can be a risky business for insurers, as if they lose the negative publicity can be overwhelming. Rachel Gordon looks at encouraging signs that the industry is fighting back.
Aldermanbury Declaration - One Year On: The Debate
If you missed yesterday's live webinar debating the Aldermanbury Declaration - one year on - it is now available for viewing on-demand.
Groupama survey highlights SME broker oversight
Brokers servicing the SME sector are missing a strong revenue generating opportunity, according to a new survey of over 4,000 commercial brokers by Groupama Insurances.
Household: can no claims discounts be applied to household insurance?
With Axa set to offer no claims discounts to household customers, Amy Ellis reports on market reaction and whether others will follow suit.
Groupama calls for referral fees to be scrapped
Groupama Insurances has called for referral fees to be abolished and for the implementation of Lord Justice Jackson’s review of civil litigation costs.
Groupama adds to proposition team
Groupama has appointed two new members of staff to its customer proposition unit.
Editor's comment: No-claims discount: is it a goer in household?
This was the question posed by Axa finance director Jean Drouffe in last week's Post, and follows a number of recent musings by those in the general insurance market about how to counteract the growth in household claims due to events that can be linked…
Prior reserve release staves off RSA underwriting loss
Prior year reserve releases of £267m have helped insurer RSA avoid posting an underwriting loss of £29m for 2010.