Brokers unmoved by Ageas’ management shake-up

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Ageas announced some big-name departures last month, as it set out its new senior management team following the takeover of Groupama.

The details followed on from January’s confirmation of Andy Watson as UK CEO and François-Xavier Boisseau as the new CEO of insurance, with Mark Cliff named CEO of Ageas retail and distribution for the UK.

In the latest development both men confirmed their teams, with perhaps the biggest surprise being that Laurent Matras, previously Groupama Insurances managing director, is to leave the business in March.

Steve Daulby, director at Daulby Read Insurance Brokers, said he viewed the new teams as

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