The insurer also delivered a 30% increased profit after tax for the first half of 2021.
Ageas's Ant Middle and Adam Beckett discuss the provider's strategy change in response to shifts in customer behaviour, and the FCA's dual pricing ban, as the insurer aims to hit £1.5bn in GWP.
Provider says the decision follows a shift in how customers want to interact with the business and that no broker-facing roles are affected.
Signatories, which include Aviva, Ageas, Allianz, Covea, Ecclesiastical, LV, and Zurich, commit to opening up the majority of their roles to flexible working, job sharing and part-time working.
As Markerstudy acquires Brightside Jonathan Swift looks at a deal over seven years in the making that has highlighted a tale of two investments for Anacap.
The improved position was down to lower motor claims due to the lockdown as the insurer reports growth in broker deals for household and commercial.
The product, which the broker claims is the first of its kind in the UK, is underwritten by Ageas and uses specialist smartphone telematics technology to record how users drive.
Provider creates team of three to help support regional brokers online.
The provider said Q3 numbers were “healthy” and reflected lower claims frequency and strong prior year releases.
Adam Beckett joins the insurer in the New Year after 20 years with Aviva.
CEO Ant Middle says now is the "right time" for Ageas to hand over its stake in the car and home insurance provider to Tesco Bank as it focuses on developing broker distribution.
The former Ageas boss takes over after Blanc's move to become Aviva CEO.
The provider reported a result after tax of £22.8m compared to £45.4m in H1 2019.
He replaces John Bibby, who has stepped down from the business but remains a shareholder.
Broker Extra 2020: Could remote working actually strengthen relations between insurers and brokers or is it storing up problems for the future? Representatives from both sides have discussed how they are navigating the business environment resulting from…
Ageas’ new UK CEO Ant Middle, pictured, is reintroducing a group wide distribution director as part of his first major moves since succeeding Andy Watson in April.
Personal lines broking group Complete Cover has bolstered its management team with a quartet new hires including former Markerstudy and Brightside boss Russell Bence.
Agreement sees the insurer provide capacity for Victor's products across agriculture and the third sector over the next five years.
COR crept above 100% across all business lines in Q1 due to storms.
Boisseau, who left his role as CEO of insurance at Ageas UK in late 2018, is also a NED at Ecclesiastical and sits on the board of Argo Managing Agency.
Updated: Major insurers including Axa, Aviva, Ageas, LV and Zurich respond on automatic rebates as motor disrupters say the Admiral £25 move does not go far enough and questions are raised about the gesture.
Updated: A number of providers have introduced exclusions for Covid-19.
Sector also welcomes Ant Middle, who is set to take over the reins in June.
Watson will hand over the reins to Ant Middle at the end of June this year.