Tesco Bank
Kwik Fit's Meechan joins Tesco
Kwik Fit Financial Services insurance development director Gerry Meechan is set to join Tesco as part of its new general insurance structure, Post has learnt.
Fortis affinity boss Carter to lead Tesco Underwriting
Fortis and Tesco Bank have unveiled the structure of their general insurance partnership.
Regional Review - Glasgow: Local strength
With significant activity already in 2010 and the emergence of a new financial district, the Glasgow insurance market looks set for further growth. Mairi MacDonald assesses the financial landscape in Scotland's largest city.
Fortis rebrands insurance arm as pre-tax profits fall
Fortis is to rename its insurance operation as Ageas following the break up of its parent company and the sale of its sister banking arm and brand to BNP Paribas 18 months ago.
Tesco signs software deal with Cheshire Datasystems
Tesco Bank has agreed a five-year deal for the provision of its customer service centre and website software with Cheshire Datasystems.
Editor's comment: How many have Ageas concern out there?
Rebrands are always difficult at the best of times, but in insurance they seem to hold extra resonance.
Allianz boss ready for Tesco-sized affinity deal after VW tie up
Jon Dye told Post: "Could we do a deal of that size, yes, why not. This is Allianz, it is an enormous business."
Allianz boss: Tesco-sized affinity deal possible
The general manager of Allianz Retail has hailed its latest affinity win with Volkswagen Insurance Service as a "milestone" for its fledgling corporate partners business, and a sign that it could do a deal of the size of Tesco Bank.
Fortis UK profit down £47m
Fortis reports non-life profit before tax and interest of £29m, down from £76m in 2008, with CEO Barry Smith attributing reduced profit to “challenging market conditions.”
Provident is front runner for Tesco motor panel
Tesco Bank is poised to sign deals with several insurers, including up-for-sale Provident, to handle "non-standard risks" as part of a panel arrangement, Post has learnt.
Pick of the week
Post reporter Leigh Jackson outlines some of the major stories from this week's issue of Post Magazine.
Commercial aggregators: Moving targets
Aggregators have gradually exerted a stranglehold on personal lines insurance distribution that only the most powerful marketing budgets can now compete with. Ralph Savage investigates the potential for aggregators to shift their gaze towards commercial…
Fortis announces recruitment drive
Up to 550 new recruits following deals with Tesco Bank and Toyota
Defaqto: Aggregator choice confusing consumers
Report reveals that wealth of motor and home insurance choice creates “uncertainty”
Pick of the week
Comparison Consortium loses two key members; Legal and General to re-enter motor market; Aviva’s John Kitson will never return to financial services; Clampdown on IPT proves costly for some insurers; Apil withdraws from mediation of fixed costs