Articles by Mark Sands
Jelf purchases Midlands broker Cronin & Co
Jelf has completed a deal to purchase Barnt Green-based intermediary Cronin & Co Corporate Insurance Brokers, adding to the consolidator’s presence in the Midlands.
Lockton buys Griffiths & Armour's Scottish operation
Lockton has completed a deal to acquire the Scottish office of Griffiths & Armour, giving the former its first office in Glasgow.
Google aggregator hit by £12m loss
Price comparison site Google Compare has notched a pre-tax loss of £12m in its second set of full year accounts since being acquired by the search giant in 2011.
AIG teams with Ascot for Bermuda reinsurance launch
AIG has partnered with Lloyd’s insurer Ascot to unveil a new Bermuda-based reinsurance platform.
County Insurance secures Cullum-backed MVP investment
Independent broker County Insurance has completed a deal with Peter Cullum’s funding vehicle Minority Venture Partners.
Banks confirms UKIP MP plans
Go Skippy and Brightside founder Arron Banks has confirmed he plans to run as a UKIP candidate to become a member of parliament for the Gloucestershire constituency of Thornley and Yate.
Go Skippy founder to bankroll UKIP campaigns
Go Skippy founder Arron Banks is to become one of the UK Independence Party’s largest donors, switching from a long-held allegiance to the Conservative Party.
CMA private motor market report: Mooted ‘wide’ MFN clause ban could offset rate rises resulting from CMA inaction
Authority’s decision not to intervene on credit hire costs ‘a bitter pill to swallow’
Market Moves - 2 October 2014
All the latest job moves in the insurance market.
BMW renews Allianz Global Assistance warranty programme
BMW has signed a three year deal with Allianz Global Assistance in the UK to provide extended warranties to car owners.
Allianz adds Axa underwriter to Newcastle branch
Allianz has made two new appointments to its Newcastle branch, including swooping for a Glasgow-based Axa underwriter.
Quindell stumped by tumbling share price
Quindell has admitted it is unaware of what caused the firm to lose just under 25p from its share price over the last week.
Underwriting director Hall quits NIG
NIG’s underwriting director Martin Hall has quit the Direct Line-owned insurer after just under five years as director of underwriting and pricing, Post can reveal.
Endsleigh launches motor policy for international students
Endsleigh has unveiled a new motor policy in collaboration with Zurich and Clements Worldwide.
AIG promotes Sharpe to UK head of sales
AIG has looked internally for its new UK head of sales, promoting financial services industry practice group head Jeremy Sharpe.
Ifed collars 11 in trips and slips clampdown
The Insurance Fraud Enforcement Department has today arrested 11 people as part of a day of action over fraudulent personal injury claims.
Insurers pledge £51bn in green investment before 2016
The insurance industry has promised to double funding for green or “climate-smart” investments, pledging a rise from $42bn to $84bn (£51bn) by the end of next year.
FCA blocks ‘uncooperative’ EPLS Risk Solutions
The Financial Conduct Authority has removed permissions for London-based broker EPLS Risk Solutions over failures to file figures to February 2014.
PIs slam ABI calls for regulation exclusion for in‑house investigators
Updated ABI member guidelines say FCA adherence negates need for regulation
Industry seeks aggregator assistance in fight against application fraud
ABI figures reveal 180 000 dishonest motor insurance submissions in 2013
Market Moves - 25 September 2014
All the latest job moves in the insurance market.
Nationwide, Hiscox and LV top Fairer Finance rankings
The latest rankings from consumer campaign group Fairer Finance have handed top places for Car, home and travel insurance providers to Nationwide, Hiscox and LV, respectively.
LMA targeting under-30s with committee representation
The Lloyd’s Market Association is to bolster representation for young professionals with representation for under-30s on the LMA market and technical committees.
Allianz Worldwide Care unveils new products after France health merger
Dublin-based insurer Allianz Worldwide Care has entered the life and disability market after a merger with the international health business of Allianz France.