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.

When asked how his time has gone since joining Groupama as managing director from Axa two-and-half years ago, Matras responds: "It feels like yesterday that I started. The market has moved incredibly fast the last couple of years. In personal lines [we have had] the dominance of the aggregators and the credit-hire phenomenon has spiralled, and so injury costs have gone higher. There was a perfect storm. The landscape has completely changed and it has taken the industry — and Groupama — some time