Articles by Mark Sands
Insurers risking FOS action by failing to clearly state travel insurance exclusions
Ebola crisis puts spotlight on Foreign and Commonwealth Office travel warnings
Post Claims Event round-up
All the news from Post's Claims Event at the Victoria Park Plaza Hotel
DLG PL underwriting boss Mercier returns to Axa
Direct Line Group’s head of personal lines underwriting Neil Mercier has returned to Axa after three years at DLG.
ERS owner Aquiline splurges on US adjuster
Private equity house Aquiline Capital has announced a deal to buy one of the largest independent claims adjusters in the United States.
Comprehensive motor prices inching upwards says Towers Watson
The average cost of a new comprehensive motor policy in the UK has increased for the first time since 2011, according to Towers Watson, rising £3 to £582 in the third quarter of 2014.
Swinton acquires Sunderland broker
Swinton has acquired Sunderland-based broker Thompson Insurance Consultants following the retirement of its owner.
Rentguard ‘confident’ over Towergate commission dispute
Rentguard is confident of victory in a dispute with Towergate, in which it has alleged the broker has not paid hundreds of thousands of pounds of commissions following a dispute over new business.
Markel buying German travel broker MDT
Markel is to purchase Frankfurt-based managing general agent and broker MDT, which focuses on the German travel sector.
IFR retains insurer support despite membership delays
Insurers have reiterated their support for the Insurance Fraud Register despite onerous data standards meaning that half of the UK’s largest motor players are yet to become members.
Market Moves - 9 October 2014
All the latest job moves in the insurance market.
Zurich UK GI CEO Smith replaced by group controller Sharma
Zurich has announced that Switzerland-based group controller Vibhu Sharma will replace Dave Smith as UK general insurance chief executive from April next year.
28% of consumers cutting back on insurance because of cost
Almost a third of Britons have cut back on their insurance purchasing because they could not afford it, according to figures from Close Brothers Premium Finance.
Former AIG CEO Sullivan named Cooper Gay chairman
Martin Sullivan has been named as the new non-executive chairman of Cooper Gay Swett & Crawford, effectively immediately.
Blog: Five things that you can share
The new sharing economy is booming, and insurers are struggling to keep up. Here's five examples of the kinds of products underwriters are going to have to get their heads around
Lloyd’s quartet partner with US homeland security chief to launch cyber insurer
Four Lloyd’s insurers will reportedly partner with the US’s first ever homeland security chief to set up a venture specialising in corporate cyber security policies.
Axa swoops for Perkins Slade director Ramos
Axa has recruited Perkins Slade’s Bert Ramos to serve as sales manager, as the insurer continues to grow its Birmingham branch.
Charles Taylor recruits Hurst-Bannister for non-exec chair
Claims specialist Charles Taylor has named former Lloyd’s Market Association chairman and Lloyd’s council member Barnabas Hurst-Bannister as a non-executive director.
Property director Fice quits QBE
QBE’s property director Peter Fice has quit the Australian insurer after six years.
Innovation Group in property division re-brand
Innovation Group is to consolidate the identity of its UK property businesses under the new banner of Innovation Property UK.
Escott hands former Davies boss Crawford COO role
Former Davies chief executive Charles Crawford has taken on a new role as group chief operating officer of CPP Group.
Aviva claims boss Scott follows Clayden to QBE
QBE has recruited Aviva’s Paul Scott as its head of motor and liability claims, to work with the Norwich insurer’s former GI claims director Dominic Clayden.
Banks hikes Ukip funding to £1m after ‘nobody’ jibe
Brightside and Go Skippy founder Arron Banks has pledged to increase his backing for the UK Independence Party ten-fold, citing Conservative MP William Hague calling him a “nobody”.
Insurers struggling to grasp flood exposures says S&P
Home insurers may be at risk of understating their flooding exposures due to a combination of poor data and a lack of models, according to Standard & Poor's.
CFC recruits first contingency practice lead
London underwriting agency CFC has named its first contingency practice leader to spearhead its expansion into the market.