Groupama
Interview: Bill Cooper - Banking bites back
The head of global insurance at Lloyds Banking Group believes that insurance M&As are not dead and that institutions are willing and able to provide finance.
Groupama launches group PA and travel quote facility
Groupama Insurances has added an online quotation facility for group personal accident, illness and business travel cover to broker extranet Optima Online.
Post magazine - 8 November 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Ageas to build broker brands as Groupama name phased out in UK
The Groupama Insurances brand is to be phased out of the UK marketplace following completion of the insurer's sale to Ageas UK.
Groupama takeover to add extra boost to 'record' Ageas profits
Ageas chief executive Barry Smith is confident that the addition of Groupama insurance activities will add further clout to performance, following nine months in which the firm's profit before tax and minority interests rose by 36.4%.
Picknett leaves Groupama as restructure continues
Groupama Insurances has confirmed that 20 positions are at risk in the finance, IT, HR and marketing teams as the company moves to reduce expenses and restructure its central support functions.
Groupama to place 20 staff on redundancy consultation
Groupama Insurances has confirmed that up to 20 jobs in finance, IT, human resources and marketing are at risk as the firm seeks to reduce expenses and increase efficiencies.
Select & Protect joins Paradigm GI panel
Select & Protect has entered into a strategic partnership with Paradigm Mortgage Services providing access to its home insurance products.
Market moves: CEO change at Willis takes the headlines
Recruitment news this week was dominated by the appointment of a new group chief executive at Willis, after long-serving CEO Joe Plumeri announced that he is standing down early in 2013 after 12 years, and the appointment of a new broking CEO at Hastings…
Carole Nash wins Suzuki deal
Carole Nash has won a tender to administer a motorcycle and scooter insurance scheme on behalf of Suzuki GB.
Household insurance roundtable: Providing clarity over questions
The Consumer Insurance (Disclosure and Representations) Act will bring fresh rigour to household insurance underwriting. Post gathered a group of experts to debate what the incoming legislation means for the market.
Silence on MBO as Bollington sees profit rise to £1.4m
Groupama-owned broker Bollington has reported that net profit in 2011 increased to £1.4m, compared with £985 176 in 2010.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Groupama places property owners product on Insurecom
Insurance software company Insurecom has added Groupama Insurances' property owners product to its commercial lines platform.
Groupama appoints household development underwriter
Groupama Insurances has appointed Kirsty Williams in a bid to target niche markets.
Bollington net profit rises to £1.4m
Groupama-owned broker Bollington Insurance saw net profits rise by almost 50% over 2011.
RSA victory prompts rival rethink on repair strategy
RSA has seen off one potential dispute relating to its controversial motor repair model after signing a bilateral agreement with Groupama Insurances, although it is unclear whether this will survive the completion of Ageas' acquisition of Groupama.
Groupama downgraded after non-payment of coupon
Groupama Group has been downgraded by Standard and Poor's following the French insurer's statement on Friday that it will not pay the next coupon on 22 October on junior subordinated notes issued in 2007.
Groupama parent downgrade "irrelevant" to UK insurer
Groupama Insurances's chief executive has said that a revision of the security rating of its France-based parent Groupama Group has "no relevance" on the UK insurance operation.
Standard & Poor's upgrades Groupama Insurances to BB
Ratings agency Standard & Poor's has upgraded Groupama Insurances to a financial strength of BB on credit watch with positive implications, and expects to boost the rating to BBB in Q4.
O'Roarke frustrated at missing out on Groupama 'bargain'
LV boss John O'Roarke admits he was left rueing a "missed opportunity" after hearing how much Ageas paid to secure the acquisition of Groupama.
RSA and Groupama sign motor claims agreement
RSA and Groupama Insurances have signed a bilateral agreement to help tackle the industry issue of subrogated motor repair costs.
Interview: Peter Hubbard - back in business
After spending his time since leaving Axa in 2008 pre-occupied with a range of non-executive roles, Peter Hubbard has burst back onto the scene this week as chief executive of UK General. He talks to Post about his decision to return to a company in a…
Insurer-owned brokers: An endangered species?
The insurer-owned broker has become a permanent industry fixture in recent years, but a number of sales may have put the model in doubt. Are its days numbered?