Groupama
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
Lorica rides into 2012 on wave of new recruits
Hemel Hempstead-based Lorica Insurance Brokers has unveiled seven new hires across the country.
Review: online business
Optima Business Plan. This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits. * = Poor ** = Average *** = Good **** = Very good ***** = Excellent
Government investigates credit ratings agencies
The Treasury Committee has launched an investigation into credit rating agencies questioning the transparency and soundness of their methodologies.
Groupama clings on to investment grade status as Aviva is monitored
Groupama SA has suffered a further downgrade to its credit rating as Standard & Poor’s (S&P) lowered the insurer’s status from BBB to BBB-, the final grade before junk bond status.
Groupama claims financial strength boost with sales
Groupama SA is to sell its share in real estate company Silic to government owned finance organisation Caisse des Dépôts (CDC) who will also be making a €300m (£251.9m) investment in the French insurer.
Groupama could be headed for junk bond rating
Groupama SA has suffered further bad news on its credit rating status with Standard & Poor’s warning it could lower the group to junk bond status.
Profile: Making the grade
Moving Groupama away from its grey man reputation to become a niche specialist was a risk, UK CEO François-Xavier Boisseau tells Emmanuel Kenning, but one worth taking
Groupama appoints new claims director
Groupama has appointed Darren Wills as corporate claims director.
Groupama mulling over sale of assets or stake
French mutual insurer Groupama is reportedly considering the sale of a stake in the company to outside investors or selling some assets as it bids to strengthen its capital and restore its solvency margin.
Groupama restructures Manchester operations
Groupama has made a series of changes to its Manchester operation as it bids to grow its online business and commercial book.
Products: Groupama adds cleaning to its Exclusively range
Groupama has released Exclusively Cleaning, the third niche commercial product in the range following the launch of Exclusively Recruitment and Exclusively Security.
Product roundup: Cleaning up in a commercial niche
Groupama is aiming to sweep up business in the cleaning world, an industry it believes has a turnover of £5.3bn a year. The latest addition to its Exclusively range, which is available for open market trading, allows brokers to flex their commission…
Groupama chief sacked
Groupama SA has confirmed the departure of chief executive officer Jean Azéma after 11 years as head of the mutual insurer.
Groupama targets PA cross selling
Groupama has released a personal accident (PA) broker toolkit in a move it said was designed to help the 61% of brokers who claimed they had difficulty selling the cover.
Groupama targets cleaners
Groupama Insurances has unveiled Exclusively Cleaning as the latest addition to its ‘Exclusively’ range of specialist commercial products.
Axa adds to commercial lines senior team
Axa Commercial Lines has made three senior appointments and promised to bring new products to market.
Groupama defends “immediate” notification Toba changes
Groupama has defended the changes to its terms of business agreements (Toba), issued to brokers on 20 September, which require brokers to inform the insurer immediately about fault claims.
What The Papers Say - September 2011
In this month's edition Paul Anscombe, managing director of Seventeen Group joins Insurance Age's Liz McMahon and Emmanuel Kenning to discuss the latest news stories in insurance.
FOS names and shames PPI providers
The Financial Ombudsman Service (FOS) has named the providers of payment protection insurance (PPI) cases as it announced that complaints more than doubled to 98,632 in the first six months of 2011 compared to the second half of 2010.
PMI industry must change tack to avoid further consolidation, says Pruhealth
Pruhealth has slammed the unsustainable economics of the SME private medical insurance (PMI) market.
Join Allianz, Groupama, BMS, Novae, SSP, CII and Lancashire in signing up for the Insurance Cup
With the football leagues in England and Scotland now underway, there has never been a better time to think about dusting off the boots and signing up for The Prince's Trust Insurance Cup.
Keychoice makes series of hires to boost commercial growth
Keychoice Underwriting has made four appointments to its underwriting and business development teams as it targets further growth.