Ageas
Post Intelligence – company profile: Ageas
Produced by Post Intelligence in association with Brook Intelligence, this comprehensive company report highlights Ageas’ strategy and performance in 2012.
Ageas CEO Watson tackling the commercial COR
Ageas UK CEO Andy Watson has addressed the issues facing the provider’s commercial business.
Ageas' CEO Andy Watson on taking over from Barry Smith
Ageas CEO Andy Watson has admitted that taking on his current role from predecessor Barry Smith was “a bit of an Alex Ferguson moment”.
Ageas brands RIAS and Castle Cover go live with Quindell
Ageas has gone live with Quindell’s Napier rating and underwriting engine.
Insurers welcome end to Statement of Principles uncertainty
Outgoing Allianz UK CEO Andrew Torrance has described the Flood Re deal to replace the Statement of Principles (SoP) as "a step in the right direction".
Changing of the guard
A bit over 18 months ago the changing of the guard among the leadership of the big consolidators began.
RSA and Ageas strike bilateral accident claims agreement
RSA and Ageas have struck a bilateral agreement in a bid to control accident claims and reduce costs in the process.
Strong market competition dents Ageas total income
Ageas UK has reported a 38% increase in net profit to £19.4m for Q1 2013 (Q1 2012: £14.1m) while the combined operating ratio improved to 99.9% (Q1 2012: 102.3%).
Ageas and Hood Group in five-year home insurance deal
Ageas has joined Hood Group’s home insurance panel.
Ageas reaches out-of-court settlement with ex-Castle Cover men
Ageas has reached an out-of-court settlement with several former senior Castle Cover figures.
Compass strikes three-year £20m deal with Ageas
Compass Broker Services has struck a three-year "strategic agreement" with Ageas UK Insurance worth an expected £20m covering both personal and commercial lines.
Ageas Insurance Solutions moves on to CDL’s Strata
Ageas Insurance Services (AIS) has moved Auto Direct over to the CDL Strata operating platform and rebranded the motor insurance brand’s website.
Former KPMG insurance head named as RFIB non-exec
The former partner and head of general insurance at KPMG Insurance Mark Winlow has been named as non-executive director of RFIB Holdings.
Professionalism: More talk about chartered status needed
There should be more communication about the benefits of chartered status across the insurance industry, according to Ageas' distribution and development director, Chris Dobson.
Ageas and NewLaw announce tie-up
Ageas UK has partnered with NewLaw Solicitors to form Ageas Law LLP.
CII apprenticeship numbers exceed 1,000 in 2012
The number of new apprentices studying Chartered Insurance Institute (CII) units and qualifications exceeded 1,000 for the first time in 2012.
Brokers unmoved by Ageas’ management shake-up
Ageas announced some big-name departures last month, as it set out its new senior management team following the takeover of Groupama.
Ageas commercial COR improves to 109.9%
The new chief executive of Ageas UK, Andy Watson, has hailed the provider’s record profits while admitting it would not be looking to grow in commercial lines in 2013.
Record insurance profit at Ageas as group COR stays flat
Ageas UK has reported non-life income of £1.74bn for 2012, up from £1.72bn in 2011 as its combined operating ratio remained stable at 99.8% (2011: 99.9%).
Groupama's Matras to leave Ageas as new management confirmed
Ageas has confirmed several new management roles, with Groupama’s Laurent Matras set to leave the business in March 2013.
Bollington completes MBO
Bollington Group chief executive Paul Moors has headed a management buyout (MBO) of the broker.
Brightside hails policy growth
Brightside Group has revealed that it expects to report "significant growth" in turnover and profit for 2012 and has also unveiled a share buy back.
New Ageas UK CEO targets "evolution, not revolution"
Ageas' new UK CEO Andy Watson has described the insurer's business strategy as "evolution, not revolution".
Castle Cover founder launches HNW broker
Former Castle Cover founder Andrew Marchington has launched a new mid to high net worth and non-standard home insurance broker.