Groupama
Groupama UK profit rises 70%
Double-digit premium rate growth in private motor supported a 4.6% revenue growth for Groupama Insurances to £470.9m in 2010 (2009: £450.3m).
In Series - Geography & Solvency II: What are the risks for insurers?
With the implementation of Solvency II looming, Sam Barrett asks if insurers are forgetting to look inwards at the risks their own companies face.
Insurers attack 'reckless' NIG guarantee
Key players in the commercial insurance market have rounded on NIG's recent 'guarantee to beat' commercial strategy for NIG Network customers.
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.
NIG defends aggressive “Guarantee to Beat” pricing campaign
Dave Parry, director of sales and distribution at NIG, has defended the firm’s March/April “Guarantee to Beat” pricing strategy, recently advertised to brokers.
Phil Bird departs Groupama after claims shake up
Groupama Insurances has announced that it has restructured its claims organisation to "ensure it is more closely aligned with the company's business divisions".
Brightside still on target despite life arm difficulties
Brightside's broking chairman has insisted the group is on target to meet its general insurance business plan, despite admitting its life offering is "not at the level it had hoped for".
In series - Geography & Solvency II: Accurate data is key to Solvency II requirements
The need for more accurate data and improved infrastructure is occupying insurers' Solvency II teams. However, Sam Barrett finds that UK firms are well prepared when it comes to accuracy of information.
Motor Claims 2011 – Roundtable: Communication over crash claims
As motor insurers seek to reduce claims costs, Post gathered a group of industry experts together to debate whether a law change would help. Jonathan Swift reports.
Motor claims: Can insurers stem the rising cost of whiplash claims?
With 93% of GPs seeing patients they believe to have exaggerated injuries in order to make a claim, Leigh Jackson asks how insurers can stem the rising cost of whiplash cases.
People moves - 20 January 2011
A round-up of people moves and new appointments in the industry, as featured in the January 20 2011 edition of Post.
Groupama u-turn over Liverpool office closure
Groupama is set to transfer the Liverpool and Glasgow-based commercial motor accounts of broker Choice Quote to its sister business Bollington, as part of a restructure of its GUK Broking Services arm.
Damage management - Winter freeze: Preparing for problems in the frozen pipeline
With property claims surging due to the recent cold snap, Rachel Gordon looks into the specific challenges thrown up by freezing conditions for those tasked with managing the damage.
Scottish courts see tenfold rise in pleural plaque cases – Insurance News Now – 20 January 2011
Post news editor Mairi MacDonald outlines the main news from this week's issue of Post, which includes a claim from law firm Brodies that new pleural plaques cases brought in front of the Scottish courts increased almost tenfold last year.
Legal update: Whiplash claims: A pain in the neck
With whiplash costs on the rise, despite safer driving conditions, Steve Caffrey questions the role of claims management firms in commoditising claimants.
Data protection & breaches: Breaches of security
The Information Commissioner recently issued huge fines for data protection breaches. Edward Murray reports on additional costs that could well flow from new notification laws.
IFB fraud adviser joins Groupama
Groupama Insurances has appointed Marc Yeates to the role of counter fraud claims adviser.
Career development & CSR news: Groupama launches PMI customer service academy
Groupama Healthcare has launched a customer service academy aimed at improving employees' skills and widening opportunities for career progression.
View from the top: Ending whiplash woes
Whiplash claims are at the core of the spiralling cost of motor insurance and it is incumbent on insurers to get to grips with the problem.
Fraud - travel database: Share and share alike
Though shared services are seen as important cost-cutting tools, initiatives have often failed to deliver projected savings. Richard Barrett explains why this happens and how insurers can maximise their returns.
General insurer review of the year: The nearly year
Jonathan Swift looks back over 12 months in which many market- changing events didn't materialise and finds out what industry leaders think may be in store for general insurance in 2011.
Insurance landscape - Household past: Stiff competition
A perception exists that household claims lag behind motor claims in terms of innovation and new entrants are challenging the traditional loss adjusting model. Stephanie Denton examines the impact of this on the market.
Towergate deputy CEO Blanc returns to Axa as commercial boss
Axa UK has confirmed Amanda Blanc will return to the firm as CEO of its commercial lines business which includes its distribution arm, Bluefin Insurance.