Ageas
Industry moves to reassure brokers over ECJ ruling
The broker-facing insurance community has moved to allay concerns brokers might have following the announcement by the European Court of Justice (ECJ) that after 21 December 2012 gender cannot be used as a factor in calculating insurance premiums.
Ageas adds to commercial broker account team
Ageas Insurance has appointed three new commercial broker account executives to cover the North East, East and West Midlands, and South West regions.
Insurance Age blog: Sports people as biscuits, insurers as presenters
If you have never listened to Fighting Talk (Radio 5, Saturday 11am) then you are missing a trick. One of the staple jokes is ‘sports people as biscuits’ where Seb Coe becomes a Viennese Whirl, or Gareth Southgate is likened to a digestive, a good honest…
NIG defends “Guarantee to Beat” pricing strategy
NIG is promising brokers it will beat premiums by up to 5% on business held or quoted with 15 major insurance companies in the UK market.
Enforcement welcome but lacks bite says motor industry
The insurance industry has delivered a mixed response to recent government forays into uninsured driving and the cost of insurance in the sector.
E-commerce: OFT sends out data sharing warning to insurance industry
The Office of Fair Trading (OFT) must clamp down on anti-competitive data sharing in the insurance industry, according to consumer watchdogs Which and Consumer Focus.
OFT clamps down on insurers accessing pricing information
Seven insurance companies and two IT software and service providers have provisionally agreed to limit the data that they exchange after the Office of Fair Trading (OFT) raised competition law concerns.
Ageas responds to retail growth with senior restructure
Ageas UK has announced key appointments to support the growth of its retail operations reporting into retail managing director Andy Watson.
Insurers will look to 'supporting brokers' in the future
Insurers will increasingly turn to “supporting” brokers as they attempt to tackle declining investment income according to Ageas MD, Mark Cliff.
Bluefin's Elite in run-off to allow greater Platinum focus
Bluefin has announced it is putting its Elite underwriting facility for small to medium-sized enterprise (SME) business into run-off in favour of expanding its existing Platinum product range.
Regional review: Way out west
An area that sometimes falls off the radar, Louise Meeson surveys brokers and insurers in Wales and the South West to discover many have been shielded from the worst of the economic crisis.
2010 review: A year of living cautiously
The economy grew, rival political parties unexpectedly started working together and personal lines rates even hardened, although plenty of surprises and setbacks meant that 2010 was far from plain sailing, writes Andrew Tjaardstra.
PB December 2010: News round-up
Apple iPhone apps continue to be all the rage in the insurance industry. Aviva launched MyClaim, a free app enabling policyholders to file a motor insurance claim remotely from their iPhones.
The PB Interview - Laurent Matras: Through the storm
Laurent Matras, managing director at Groupama Insurances, tells Andrew Tjaardstra about the state of the insurance market and how he is working closely with brokers to give his firm a competitive advantage.
Flood insurance bills soar to £4.5bn, according to ABI
The cost of flood damage since 2000 has leapt by 200% on the previous decade according to figures released by the Association of British Insurers.
PB Week: Castles and conferences
It's not often we get out at the CII, so when we do we need to make the most of it, writes Alasdair Stewart, head of business development, general insurance, at the Chartered Insurance Institute.
Ageas' retail profit remains static while COR continues to improve
Ageas' quarter three results have shown its UK retail operations, RIAS, Kwik Fit Insurance Services and Ageas Insurance Solutions (UKAIS), have delivered a 32% increase in total inflows to £96m.
Record numbers flock to Broker Expo 2010
A record-breaking 750 brokers attended the sixth Insurance Age Broker Expo at Coventry's Ricoh Arena.
News round-up: Insurers
Brit has formally accepted an offer of £888m from Apollo Management and CVC Capital Partners. The deal if agreed by shareholders is £10.75 for each share plus a further 25p if targets are met.
Fortis begins name change to Ageas
Fortis Insurance UK has begun a phased approach to change its name to Ageas in the UK. This follows the approval of shareholders earlier in the year to adopt the new name reflecting the company’s status as a standalone global insurance group after the…
Results news: Fortis to plough on with rebranding despite loss
Fortis UK has confirmed it will complete its rebrand to Ageas by the first quarter of 2011, after announcing a £1.8m loss during Q1 2010 (Q1 2009: £4m profit).
Fortis unveils ‘Ageas’ logo
Fortis has confirmed that shareholders have given the green light for the group to adopt the new name “Ageas”.
Fortis rebrand and expansion on horizon despite profit loss
Fortis UK is to expand its commercial ambitions in the wake of a near £50m drop in profits and ahead of an enforced rebrand.