Covea Insurance
In Depth: High net worth – are MGAs wrestling market share away from insurers?
Ever a competitive market, the high-net-worth sector continues to attract interest from both insurers and MGAs. Martin Friel asks if both models can co-exist, or if one is better suited to servicing these clients than the other.
What does the More Than deal mean for the future of Ardonagh and RSA?
RSA and Ardonagh have their own distinct futures ahead. Ardonagh is a private equity-backed broker growing via consolidation, and RSA is intent on sharpening focus on its commercial broking relationships. The two have struck a deal on More Than's motor…
Insurers respond to broker meeting challenge and criticism
To coincide with today’s third anniversary of the UK’s first Covid-19 pandemic lockdown, Insurance Age polled providers to find out how they have sought to re-engage face to face with brokers.
The stats: The only way is up - Q4’s commercial premiums continue to rise
Businesses are yet again facing more costly cover with the Acturis Commercial Broking Index revealing increases across the board, reports Rachel Gordon.
Rocketing commercial premiums piles pressure on SMEs
Recent figures from Acturis show that commercial insurers are continuing to increase the cost of cover across a range of core sectors.
Covéa exits HNW motor line
Covéa is no longer writing business in the executive motor space for high net worth, Insurance Age can reveal.
Certua: Rise of the embedded insurance specialist
Certua is helping insurers get products to brokers quickly through its advanced digital capabilities. Co-founder Luke Bewley explains how Certua will make its mark on the UK broking and insurance space.
Products: December 2022
Product launches including cover for SMEs and contractors, residential property owners, renovation providers and a digital platform pilot.
Covea, Hiscox and RSA commit to Build Back Better
Covea, Hiscox and RSA have all committed to help the UK adapt to the changing climate by joining Flood Re’s Build Back Better scheme.
NMU takes the crown in Age’s 2022 Broker Satisfaction Survey
Brokers have voted NMU as their preferred commercial lines insurer in this year’s Insurance Age Broker Satisfaction survey, with Covéa Insurance in second place and CFC Underwriting in third.
Roll of honour - brokers reveal UK’s best commercial lines insurers
Exclusive research from Insurance Age places NMU first, with Covéa Insurance and CFC Underwriting in close contention, Rachel Goron reports.
Market Moves – October 2022
The latest recruitment news from around the industry.
Headline Makers: October 2022
The key stories from the past month all in one place.
FCA data shows 19% of BI insurance claimants still waiting for full payment
Figures from the Financial Conduct Authority have confirmed that 34,506 business interruption insurance claimants have received their full payment out of 42,586 accepted by insurers.
Covéa personal lines MD James Gearey departs
Covéa Insurance has confirmed that James Gearey, managing director of personal lines and protection, has left the business.
People Moves: 25-29 July 2022
Stay informed of the top personnel changes in insurance.
Insurtech app Honcho shuts up shop
Motor specialist Honcho has closed for business after three years of trading citing difficulty acquiring customers and the competitive environment as reasons for the closure.
Biba adds Covéa as partner
The British Insurance Brokers’ Association has added Covéa Insurance to its roster of partners taking the total to 20.
People Moves: 20-24 June 2022
Stay informed of the top personnel changes in insurance.
Covéa returns to profit in 2021
Covéa Insurance has reported post-tax profit of £7.9m in 2021 reversing the loss of £30.8m the previous year.
In Depth: Developing the HNW market for electric vehicles
What are the insurance requirements for HNW electric vehicles and how is the industry responding? Sam Barrett investigates.
Final FCA monthly Covid BI claims update puts payout at £1.35bn
Insurers have made £1.05bn in final payments and £303.1m in interim payments.
Insurer payments for settled BI claims top £1bn
Providers have also made £307.9m in initial payments, according to the latest figures from the Financial Conduct Authority which is set to end its data releases next month.
Covid BI claims payments now at £1.3bn
FCA data shows providers have now made initial payments worth £329.4m and final settlements of £967.9m.