Ageas
Ageas reports COR of 96%
The insurer also delivered a 30% increased profit after tax for the first half of 2021.
UK boss Middle lifts lid on Ageas's restructure and job cuts
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.
Ageas confirms job cuts in Bournemouth
Provider says the decision follows a shift in how customers want to interact with the business and that no broker-facing roles are affected.
ABI launches flexible working charter
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.
Blog: It’s Simply Business as Markerstudy finally lands Brightside
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.
Ageas reports 95.2% COR
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.
Marmalade unveils pay-as-you-go policy for young drivers
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.
Ageas launches video account management service for brokers
Provider creates team of three to help support regional brokers online.
Ageas reports 94.6% COR
The provider said Q3 numbers were “healthy” and reflected lower claims frequency and strong prior year releases.
Ageas takes chief distribution officer from Aviva
Adam Beckett joins the insurer in the New Year after 20 years with Aviva.
Ageas UK sells stake in Tesco Underwriting for £125m
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.
Francois-Xavier Boisseau succeeds Amanda Blanc as ERS chairman
The former Ageas boss takes over after Blanc's move to become Aviva CEO.
Ageas profit after tax slumps by half
The provider reported a result after tax of £22.8m compared to £45.4m in H1 2019.
Ex-Kwik Fit and Sure Thing! boss Devine joins Ceta-owner Atec Group as CEO
He replaces John Bibby, who has stepped down from the business but remains a shareholder.
A future insurer-broker relationship
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 hunts new distribution chief as Middle makes first moves as CEO
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.
Ex-Markerstudy/Brightside boss Bence among senior hires at Complete Cover
Personal lines broking group Complete Cover has bolstered its management team with a quartet new hires including former Markerstudy and Brightside boss Russell Bence.
Ageas partners with Victor in £60m capacity deal
Agreement sees the insurer provide capacity for Victor's products across agriculture and the third sector over the next five years.
Ageas takes catastrophe hit
COR crept above 100% across all business lines in Q1 due to storms.
François-Xavier Boisseau joins ERS' board
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.
Covid-19: Should all motor customers get a rebate?
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.
Covid-19: Insurers clarify stance on Coronavirus cover
Updated: A number of providers have introduced exclusions for Covid-19.
Outgoing Ageas CEO Andy Watson hailed for his broker focus
Sector also welcomes Ant Middle, who is set to take over the reins in June.