Articles by Mark Sands
Bluefin unveils group personal accident and travel insurance cover
Axa-owned broker Bluefin has unveiled a new personal accident and travel policy for small and medium sized businesses.
RSA promotes Price to exec committee
RSA has handed group chief information officer Darren Price a seat on its group executive committee, pending regulatory approval.
Water Bill handed Royal Assent
The Water Bill has completed the final stage in passing into law, bringing with it the official introduction of the Flood Re scheme.
Charles Taylor expands UK regional footprint with Knowles Loss Adjusters buy
Charles Taylor Adjusting has completed a deal to acquire property and casualty claims specialist Knowles Loss Adjusters.
Zurich UK GI profit falls 37% on flood losses
Zurich has seen its UK business operating profit fall by more than a third off the back of flooding over the first three months of the year.
Tulloch rules out ‘major’ UK cost reductions as Aviva GI book shrinks
Aviva UK general insurance chief executive Maurice Tulloch has said the firm has no plans for ‘major’ reductions in cost to counteract an 8% fall in net written premium recorded for Q1.
Aviva UK GI premiums shrink 8% as COR worsens
Aviva has seen its UK general insurance book shrink 8% in Q1 on a year on year basis, while underwriting performance has also worsened.
Giles parent records £72.5m Gallagher takeover charge
Giles parent Expectrum has taken a £72.5m charge on its sale to Arthur J Gallagher last year, according to recent accounts.
Invicta acquiring A&A commercial and property owner portfolio
Kent-based Invicta Insurance Services is to buy a portfolio of select commercial and property owner policies from The A&A Group.
Cunningham Lindsey launches global TPA service
Cunningham Lindsey has unveiled a new third party administration service following the launch of a programme to expand its UK TPA offering.
Biba 2014: Markerstudy introduces ‘Fred’ windscreen device
Markerstudy has pulled back the wraps on a new device to provide rapid information on behalf of policyholders in the case of emergencies and breakdowns.
Biba 2014: RSA unveils One Global offering
RSA has revealed a new packaged product for UK businesses with presence in up to 10 other countries, branded One Global.
Lloyd’s boosts trading rights for Europe, Americas
Lloyd’s underwriters are now approved to write increased lines of business across five countries across Europe and the Americas.
Novae boosted by UK liability cover for Q1
Improved performance in its UK general liability book helped Novae record an overall increase of 5.7% in gross written premiums for Q1.
Allianz 'bang on' for revenue goals despite Q1 results: Dye
Allianz UK chief executive Jon Dye told Post the firm was "absolutely overall where we want to be" despite a 46% fall pre-tax profits to £24.7m for the first quarter of 2014.
Storms may not hit full year figures, says Ageas’ Watson
The surges of winter storm and flood claims which drove Ageas into reporting a Q1 loss this morning may be immaterial to full year results according to UK chief executive Andy Watson.
Biba 2014: Reid named Biba deputy chairman
Stuart Reid has been appointed as deputy chairman of the British Insurance Brokers’ Association.
Biba 2014: Steve White calls for consumer focus
British Insurance Brokers' Association chief executive Steve White has called for "total signposting" throughout the industry
Allianz pre-tax profits halved to £24.7m by weather losses
Allianz UK has seen its Q1 performance hit by weather losses but maintained a positive result, reporting a pre-tax profit of £24.7m, down 47% from £46.8m in 2013.
Care home rates skyrocket as firms seek to limit exposure after Savile scandal
RSA among insurers demanding increased premiums amid claims surge fears
Admiral grows customer base but turnover droops
Admiral has reported an expanded number of total group customers at the end of Q1, but noted that group turnover has fallen by 7% to £514m (2013 Q1: £551m)
Storms push Ageas to £4.6m Q1 loss
Storm and flood losses damaged Ageas’ financial performance in Q1, with the insurer swinging to a £4.6m loss.
Biba 2014: UK brokers have most expensive regulatory regime
UK brokers have higher regulatory costs than their counterparts in France and Germany, according to research.
Broking M&A boom predicted as private equity appetite grows
Report reveals UK dominance of European insurance deals