Articles by Mark Sands
Axa Assistance partners with Footman James in classic car deal
Axa Assistance has unveiled a new breakdown assistance product for classic car owners in partnership with Towergate-owned Footman James.
TT Club promotes Kempkens to claims director role
Transport, freight and logistics insurer the TT Club has promoted regional claims head Robert Kempkens to claims director, replacing the retiring Phil Nichols.
Saga lowers float price range
Saga has narrowed the price at which it will sell shares in an upcoming London Stock Exchange floatation, moving towards the lower end of the range.
Amlin sees UK GWP slide for Q1
Amlin has recorded drooping gross written premiums for its UK market business in the first quarter of 2012, while the insurer notched improved figures at a group level.
RSA ‘absolutely’ committed to UK motor despite axing 800 brokers
RSA has reaffirmed its commitment to the UK motor market in spite of its decision to sever ties with personal lines brokers where portfolios are dominated by the troubled business class.
RSA cutting more than a third of personal motor brokers
RSA is to reduce the number of personal motor broker relationships by 35%, axing partnerships primarily led by motor cover.
BMS sells £30m minority stake to PE investor
BMS Associates has sold a £30m ($50.7m) minority stake to private equity investor Capital Z in a bid to support expansion of both Lloyd's broker BMS and underwriting agency Pioneer.
Uswitch eyeballing London float
Price comparison site Uswitch is reportedly considering plans for a stock market float, after an August management buy out.
Homeserve UK profits half in three years
Homeserve has seen its UK profits slump to £53.4m, just over half of its equivalent figure of £104.3m in 2011.
Fall in general insurance complaints to FOS linked to FCA investigations
Motor remains most-complained-about class of business
Market Moves - 22/29 May 2014
All the latest job moves in the insurance market
GI Ombudsman complaints down 6% for 2013/14
General insurance products have been responsible for almost 2000 fewer complaints made to the Financial Ombudsman Service for the year ending 31 March 2014.
Covéa personal lines boss Batabyal resigns
Covéa personal lines director Colin Batabyal has resigned after almost four years with the business, Post can reveal.
RSA axes Deloitte legal action plans
RSA has dropped plans to pursue Deloitte over the crisis which enveloped its Ireland business last year, Post can reveal.
Non-exec duo depart RSA board
Two long term non-executive directors have stepped down from their roles at RSA board at the insurer’s May 9 Annual General Meeting.
Novae recruits from Torus for UK & Europe property underwriter
Novae has added to its UK and European property team with the recruitment of Mervyn Albon from Torus Lloyd’s syndicate 1301.
Innovation Group pre tax profits down 29%
Claims specialist Innovation Group has unveiled a hefty slump in pre-tax profits for the six months to 31 March.
Capita backing MGA start up Pardus
Capita is to part finance the launch of managing general agent Pardus Underwriting, taking a minority stake in the business.
Brokerbility unveils Academy website
Independent broker group Brokerbility has today launched the website for its academy, providing help for prospective applicants to the group’s training scheme.
Crawford tipped for Buckley Scott deal
Loss adjusting giant Crawford is looking to grow its construction and engineering presence through acquisition, with Lancashire-based Buckley Scott hotly tipped as a target.
Gable doubles pre-tax profits for 2013
Lichtenstein-based insurer Gable has seen pre-tax profits almost double over the course of 2013, recording a 99% increase on a year-on-year basis.
Willis weighing 200 UK jobs for relocation or redundancy
Broking giant Willis is planning to either axe or relocate as many as 200 UK roles, with potential destinations including a lower cost location in Ipswich.
‘Walkie-Scorchie’ set for May glare fix
A London skyscraper will see work commence this month to prevent reflected glares which last year melted and warped the panels of a car.
Cooper Gay swoops for Marsh marine boss Gibbs
Cooper Gay has recruited Marsh’s managing director of global marine Charles Gibbs to head up its own aquatic operations.