Articles by Mark Sands
Flood Re changes 'arbitrary' claims BPF
Changes to include blocks of three or fewer flats into Flood Re are “arbitrary” and “difficult to understand” according to the British Property Federation.
Market Moves - 20 March 2014
Who has moved where in the insurance industry this week.
Ex-Which? Money editor launches Fairer Finance campaign group
The former money editor of Which? has unveiled a new consumer campaign group targeting banks and insurers.
Innovation Group completes LAS buy
Claims management business The Innovation Group has completed the purchase of LAS.
NFU Mutual doubles underwriting profits for 2013
NFU Mutual has reported underwriting profits have more than doubled for 2013, with returns climbing to £120m.
ABI agrees expanded £11.7m Ifed investment
The Association of British Insurers has agreed to invest £11.7m in the City of London Police’s Insurance Fraud Enforcement Department over three years.
Foil warns contract law reforms lack detail
The Forum of Insurance Lawyers has hit out at planned reforms of law governing contracts between policyholders and insurers.
‘No bottom in sight’ on motor rates
Motor insurance rates are set to continue to tumble despite forecasts that the market may soon turn, according to a report from SNL Financial.
Miller recruits former Willis energy specialist
Miller is seeking to expand its downstream energy business with the appointment of a former Faber Global broker.
Capita boosts business development with director appointment
Capital Insurance Services has recruited former R&Q business development manager Danny Maleary to strengthen business development.
Quindell notches £480m of new business for Q1
Quindell Group has exceeded internal targets for growth in Q1, recording £480m worth of new business in the first three months of the year.
Gable to underwrite commercial surety bonds
Gable has completed an agreement to underwrite specialist commercial surety bonds within the UK and European Union.
Insurers face £1.1bn floods and storm bill says ABI
Claims for flooding and storm damage this winter will see insurers pay out £1.1bn according to figures from the Association of British Insurers.
Jelf Manson recruits Askew as North West director
Manchester broker Jelf Manson has appointed former CBG Group managing director Mike Askew as a new director for the North West region.
Allianz reveals refreshed single construction cover
Allianz has launched a redesigned construction cover design to ensure that clients undertaking a single construction project meet contractual obligations.
Travelers launches sector-focused mid-sized business products
Travelers has unveiled a new suite of covers for mid-sized businesses in the UK and Ireland branded Industry Edge.
Catlin to honour unapproved Access BI policies
Catlin is to honour insurance policies that were issued without approval by underwriting agency Access BI prior to an intervention from the Financial Conduct Authority.
Swiss Re denies Agnelli family stake sale
Swiss Re has moved to distance itself from reports linking the business with the sale of as stake to Italy’s Agnelli family.
Quindell law firm taking legal action on PI cold call claims
Quindell-owned Silverbeck Rymer is set to take legal action over a recording suggesting the firm is backing the inducement of claims from non-fault accident victims.
Barbican recruits Chaucer global energy head
Barbican has named Chaucer global head of energy as the underwriting manager of its own energy division.
Axa inks three year Una deal
Axa has joined the strategic insurer panel of independent broker alliance Una in a new three year rolling deal.
Ecclesiastical’s Angell named church operations director
Specialist insurer Ecclesiastical has promoted from within for a new church operations director, replacing the retiring John Coates with its head of relationship management for church business.
Aviva heralded by analysts but fears remain over long-term performance
Insurer’s full-year results reveal reversal of 2012 £2.93bn loss with £2.15bn profit.
XCS boss talks up Lloyd's future as rivals eye volume claims share
Xchanging Claims Services boss Paul Bermingham has moved to underline his firm’s continued prominence in the Lloyd’s market and accused rival claims operations of attempting to undermine XCS’s position.