Groupama UK for sale. Maybe that is why claims are not getting paid.

 No money to go out when the money coming in slows down. Same thing happens to the Insurance companies. Are your premiums being paid for nothing. If you have a Home and Contents policy with Groupama better shop around for a new policy before you realise they have no interest in paying your claim.

Now finally there’s Groupama, the latest to put the for sale sign up. This one has been coming ever since the parent company got itself tangled up in the Eurozone crisis.
It needs to flog some assets and raise capital quickly and its UK operation, while not large, is steadily profitable and it is hoped that a sale would raise £300m.

Read more: http://www.insuranceage.co.uk/insurance-age/blog-post/2137387/groupama-et-al#ixzz1mSpIZ42C
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