Articles by Mark Sands
Broker Network recruits from NIG and Capital Markets to boost insurer relations teams
Broker Network has added two to its insurer relations team with appointments from NIG and Capital Markets Underwriting.
Novae optimistic on organic growth through 2014 says Fosh
Novae group chief executive Matthew Fosh has said the insurer and reinsurer is cautiously positive on prospects of further economic growth this year, in spite of “minefields”.
Bluefin forecasting slim MGA profits for 2014
Bluefin is not expecting its expanded managing general agent business to generate profits as activity ramps up through 2014.
Bluefin improves Ebitda as expenses drop
Bluefin has improved its profitability for 2013 after cutting £2.7m from expenses while revenues have remained flat.
Cunningham Lindsey network halving drying times
Cunningham Lindsey’s managed contractor network Oriel has seen times for drying flood affected properties halved in pilot trials.
Airclaims boosts Latin America operations
McLarens owned specialist adjuster Airclaims has expanded its Latin American operations with the launch of a second office in Brazil alongside expansions in Mexico, Peru and Ecuador.
Insurers and brokers urge Competition Commission to ban all MFN clauses
Fears a ban could harm price comparison websites misplaced.
CII to ‘name and shame’ firms that fail to get behind apprenticeship scheme
Industry bodies launch initiative aiming to double apprenticeships by 2017.
Market Moves - 6 March 2014
All the movers and shakers in recruitment in the insurance industry this week.
Brit confirms plans for April float in London
Brit has confirmed plans to float on the London Stock Exchange in an initial public offering will come to fruition in April.
Money Supermarket profits surge despite “slowing” insurance business
Money Supermarket has revealed an increased dividend and profits up 40% for 2013, climbing from £24.8m to £34.7m, in spite of acknowledging that its insurance business slowed in the second half.
RSA's Holliday-Williams to replace Woolgrove at DLG
UK personal lines managing director Tom Woolgrove is to leave Direct Line Group, and will be replaced by RSA Scandinavia chief executive Mike Holliday-Williams.
Ex-Cunningham Lindsey boss Ventris returns to Parabis for 'unspecified' role
Neil Ventris is to return to Argent Liability Adjusters parent Parabis for an unspecified role less than a year after leaving the business, Post can reveal.
Apprentices will help keep insurance in UK says skills minister
Boosted numbers of insurance apprentices will reduce the desire among insurance companies to base themselves overseas according to skills and enterprise minister Matthew Hancock MP.
Beaumonts acquires E Farley & Son
Independent broker Beaumonts has acquired Bradford based broker E Farley & Son.
Powerplace recruits from Zurich for business development booster
Powerplace has recruited from Zurich to bolster its business development team.
Crawford bolsters UK business development unit
Adjusting giant Crawford & Company has boosted the numbers of it UK business development and key account management team, with the recruitment of four new team members and four promotions.
Most flooded homes now accessible says GAB
The majority of homes flooded since Christmas are now accessible to adjusters according to GAB Robins.
R&Q warns profits to be hit by 'slow premium growth'
In a trading update issued ahead of its 2013 results, Randall and Quilter has warned that its live syndicate 1991 has shown slower than expected premium growth, with this likely to impact the group’s full year.
Aviva replaces Regan with former AIG bailout advisor
Aviva has replaced Pat Regan as chief financial officer with a leading member of the team which advised AIG through its 2008 bailout.
Aviva’s Wilson demands prosecutions for data thieves
Aviva group chief executive Mark Wilson has demanded criminal prosecutions for individuals who pass on customer data to claims farming companies.
Defra dismisses reports of Flood Re exclusion U-turn
The Department for Environment, Food and Rural Affairs has denied reports David Cameron is considering a U-turn on excluding high-net-worth homeowners from the Flood Re scheme.
UK P&I increases renewal premiums 7%
The UK P&I Club has announced boosted figures following the close of renewals for 2012, witnessing a 7% estimated increase of renewal premium.
Gallagher recruits Deloitte insurance partner Clark
Arthur J Gallagher is to recruit Deloitte insurance partner Ian Clark as a consultant following his retirement at the end of February.