Penny Black's Social World - 3 March 2016

Fresh from Facebook
Covéa Insurance was named among the Sunday Times’ Top 100 Best Companies to Work for in the UK for 2016. The insurer placed 98th in the rankings, based solely on employee feedback. It also achieved the ‘best companies 2 star accreditation’, an acknowledgement of excellence in the workplace and recognition of outstanding levels of employee engagement.

James Reader, Covéa Insurance CEO, said: “We put a lot of energy into creating a supportive, challenging and engaging environment in order to attract and retain passionate, driven and motivated individuals.”



The Big Debate
Are insurers’ blowing flood-related losses out of proportion? Losses from the December 2015 floods have so far headlined general insurers’ 2015 full-year results reports but Axa UK and Ireland group CEO Paul Evans told Post this week he did not think the industry should be complaining about the cost of the storms. “It is really important we get the message out there that we’re here to pay storm claims. We shouldn’t be taken by surprise by the fact that it rains on occasion. Yes, it cost us £80m but I don’t think in the round it impacted our results materially,” Evans said. Do you agree with Evans? Are insurers’ over-stating the impact of the storms on their balance sheets?
Katie Marriner, senior reporter, Post
Have your say at bit.ly/PostLinkedIn

The Big Picture
Lloyd’s has committed to helping communities to cope with disaster with a donation of £450,000 over the next three years to supporting RedR, the international disaster relief charity.



Tweet of the Week

Enjoying the view from our new HQ at 1️⃣??◻️. If you're visiting us, here's where to find us https://t.co/HNtx6DvbSy pic.twitter.com/esXrJQMZH5

— BritishInsurers (@BritishInsurers) February 23, 2016