Briefing: Do Revolut and Lloyds Bank moves signal a bancassurance renaissance?
The model of banks with in-house general insurance divisions, or bancassurance, has thrived elsewhere in Europe but failed to pick up the pace in the UK. Is this about to change?
Research on UK bancassurance is sparse – and for good reason. Lloyds is the only big 10 UK bank with an in-house insurer.
But the tide could be changing – with the Ageas/Tesco joint venture looking
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Personal
Ageas the latest to move into pet insurance
After refusing to rule out a product in the future, Insurance Post can reveal Ageas UK has started the process of entering pet insurance.
Eight out of 10 UK insurers secretly track customers
Eight out of 10 UK insurance websites are setting tracking cookies before users have given their consent, according to research by Birmingham-based ALT Agency.
Diary of an Insurer: Marshmallow’s Tash Patient
Tash Patient, reinsurance and capacity manager at Marshmallow, engages in data-driven reporting, stakeholder meetings, lunchtime runs on Wandsworth Common, and enjoys a night out at The Devil Wears Prada musical.
Co-op Insurance managing director Offord exits
Seven years on from being made managing director of Co-op Insurance and tasked with raising the provider from the ashes, Insurance Post can reveal Charles Offord is exiting the business.
Go Compare unveils ChatGPT app
Go Compare has launched a ChatGPT app for its car, van and home insurance price comparison services.
Aviva restructures HNW team following departures
Ann Owen, managing director for Aviva Private Clients has told Insurance Post that, following the departure of three members, they will not be replaced on a like-for-like basis.
TimeTo: Reflect on the 2026 Biba Conference
Content Director’s View: This week a swathe of the UK general insurance sector decamped to Manchester for the annual British Insurance Brokers’ Association conference. Jonathan Swift reflects on some of the themes and talking points of the 2026 iteration.
Ageas to cut staff number by almost half
Following the acquisitions of Acromas and Esure, Ageas has revealed it is planning on cutting internal staff numbers by around 1800, which equates to almost half its UK division.