Groupama
Tim Ablett – An obituary
It is often said the insurance industry lacks the characters it once had.Thus it was with great sadness the sector mourned the passing of Tim Ablett last month, someone who had made a significant contribution to the sector through both his business…
Tim Ablett passes away
The much respected insurance veteran Tim Ablett passed away at the weekend.
Six foreign insurers granted China motor licenses
Six foreign insurers have been given licenses to operate in China’s compulsory motor market, twelve months after the market was first opened up to foreign insurers.
Ageas heralds the start of Groupama brand transition process
The Groupama brand transition to Ageas Insurance is underway.
Ex-Groupama claims director Wills joins Nationwide accident repair firm
Former claims director at Groupama Insurances, Darren Wills, has been appointed operations director of Nationwide Network Services’ accident management division.
Former IFB and Groupama director Phil Bird returns as a broker with Coversure
Former Groupama Insurances claims and non-motor & SME underwriting director director Phil Bird is to return to the insurance market in June as a broker with Coversure based in Essex.
CDL recruits former Carole Nash IT boss
Insurance software house CDL has named former Carole Nash IT head Stuart Richie as its first compliance manager.
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News Review: Winslow promoted in BGL reshuffle
Peter Winslow has been promoted to executive chairman of BGL Group and will be succeeded as chief executive by chief operating officer Matthew Donaldson, effective from 1 July.
GUK director Simpson joins Bollington
Bollington has appointed its non-executive director and business support director of Groupama's GUK Broking Services as chief operating officer with responsibility for finance and operations from 1 April.
Bollington announces completion of MBO
Bollington has formally separated from Groupama after concluding a management buy-out.
Claims: Front of house?
Representing the main touchpoint between insurers and customers, claims departments are of vital importance but have traditionally struggled to attract top-level staff. Is this now changing?
RSA and NFU Mutual ink bilateral claims deal
RSA has completed the signing of its fifth bilateral agreement on personal injury claims, signing a deal with NFU Mutual.
Lark posts strong 2012 results following Groupama MBO
The Lark Group increased turnover by 10.2%, reaching £23.7m in its first set of financial results following the completion of the management buy-out from Groupama.
Groupama avoids false five-figure insurance claim
A man has been fined £10 000 at Ipswich Crown Court after making a false five-figure insurance claim for a restored Bentley he claimed was stolen.
Groupama SA upgraded by Fitch
Fitch Ratings has upgraded Groupama SA and its core subsidiaries' insurer financial strength ratings to 'BBB-' from 'BB+'.
Periodical Payment Orders: Unhappy New Year
Periodical payment orders gave motor insurers a headache in the renewals season as reinsurers struggled to come to terms with them.
Industry mulls Matras’ options after Ageas shake-up sees high profile exits
Past and present colleagues of Laurent Matras have paid tribute to the outgoing Groupama Insurances managing director, with one suggesting he could seek to further his career at a smaller firm in a bid for more dynamism.
Market Moves: Brokers continue to up their numbers while Groupama’s Matras heads for exit
The broking sector again led the way in recruitment this week with notable hires at Hyperion, Miller and Hastings. Meanwhile, Giles continued to demonstrate its appetite for new staff by swooping for northern rival Reich’s operations manager Andrew Perry…
Tesco Underwriting COR fails to drop below 100%
Tesco Underwriting’s combined operating ratio has remained above 100% despite seeing net profit rise in line with where it should be, according to Ageas chief executive Andy Watson.
Ageas reports £82.9m profit as income exceeds £2bn
Ageas UK has increased profit by 11% to £82.9m in 2012 compared to the 2011 figure of £74.7m and a combined ratio of 99.8% (2011: 99.9%)
Buyout sees Bollington follow Lark in breaking away from Groupama
The Bollington Group has become the third and final Groupama-owned broker to clarify its long-term future after a management buyout agreement was reached.
Groupama MD Matras set to depart as Ageas unveils management shake-up
Ageas has this afternoon confirmed that former Groupama Insurances managing director Laurent Matras will leave the business, as the integration of the acquired firm gathers momentum.
Post magazine – 14 February 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.