Sale talks continue
The Co-operative Group has lined up Deutsche Bank to handle the £650m sale of its household and motor insurance arm.
The Co-op would use the money to buy the Project Verde banking business, which Lloyds Banking Group is selling according to The Express.
The insurance arm’s overall gross written premium fell to £555.7m in 2012, from £668.8m in 2011, mainly as the company took action to improve the quality of motor broker business written, including introducing credit scoring and restricting its underwriting footprint.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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