Insurance Age

Ageas on track to meet year-end deadline for updates to private car rating structure

Car industry
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Boisseau details the insurer’s philosophy on supporting all brokers.

François-Xavier Boisseau, CEO-Insurance, at Ageas has updated the market on the provider's ongoing changes to pricing in private motor.

Since the start of the year the insurer has moved to phase out individual pricing flexibility for up to 400 brokers.

Boisseau told Insurance Age that Ageas has achieved 80% of the programme and is on track to deliver the remainder before the end of the year.

"What we have done is replace a certain level of base rate that could be adjusted and discounted with a

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