Insurance Competitor Profile: Ageas



Verdict Financial

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Ageas is one of the UK's largest insurers in personal lines general insurance, and now ranks as the third largest private motor insurer.

Benchmark your organizational structure against Ageas and its core business segments.
Gain insight into the strengths, weaknesses, opportunities, and threats it faces going forward.
Understand Ageas's business strategy.

How does Ageas operate?
What opportunities and challenges does Ageas face going forward?
What are Ageas's strengths and weaknesses?

Key Highlights
Ageas operates around its four main business areas: Ageas Insurance Limited, Ageas Protect, Ageas Retail, and Tesco Underwriting. Ageas Retail is the largest business area, containing multiple brands that function both as insurance providers and insurance brokers.

Ageas's strategy is based around having multiple brands serving multiple market segments, with products distributed through a variety of channels. Ageas has brands that cover a broad range of segments, as well as brands that are more focused on niche areas.

Partnerships are an important part of Ageas's business, which it has developed successfully. Ageas has eight main partnerships across a range of different sectors.