Articles by Mark Sands
Generali Spain appoints Villa as CEO
Generali’s Spanish unit has named former Generali Seguros director general comercial Santiago Villa as its new chief executive.
Ace adds two to Nordic property teams
Ace has bolstered its Nordic property operations with an appointment in Norway and a promotion in Stockholm.
Willis recruits Copenhagen based political risk boss
Willis has bolstered its financial solutions unit with the appointment of a new leader for its Copenhagen based new political risk, terrorism and trade credit head.
Axa inks £4m Saffron partnership
A new partnership between Axa and Saffron Insurance Brokers is expected to deliver over £4m in gross written premiums for 2014.
Fleet broker fitting all vehicles with cameras
Motor fleet broker Just Fleet is to become the first business to fit all vehicles with front-facing accident cameras.
LMA demands rapid Competition Commission progress
The Lloyd’s Market Association is pushing for speedy reforms from the Competition Commission’s investigation into motor insurance, suggesting the body circumvents legal change.
Hardy CEO Merry replaced by Brosnan with immediate effect
Hardy has announced that Barbara Merry is to depart the insurer with immediate effect, replaced as chief executive by senior vice president of international, David Brosnan.
'Loss adjusting' will drift away says Innovation Group boss
After sealing a £35m deal to acquire LAS, Innovation Group chief executive Andy Roberts has forecast the demise of loss adjusting as terminology.
CHO chairman demands further credit hire estimate cuts
Competition Commission reductions to the cost to credit hire do not go far enough according to Steve Evans, chairman of the Credit Hire Organisation.
Competition Commission cuts £30m from credit hire cost estimates
The Competition Commission has admitted errors in its figures on the cost of credit hire, lowering its estimated impact on motor premiums.
Tulloch’s flood defence funding plan fails to generate industry support
Analysts say insurers are unwilling to invest in defences without clear returns.
Brokers clamour for compliance assistance after record Homeserve fine
Commentators suggest fine is evidence of FCA’s strong stance on mis-selling.
Insurers to supply experts to PM’s flood grant scheme
Insurers have agreed to supply a team of technical experts to work with the government on a scheme to provide grants to flooded home and business owners at today’s Downing Steet flooding summit.
FM Global names Essentra chief exec to board
FM Global has appointed the chief executive of an international plastics supplier to its board.
Market Moves - 20 February 2014
Stay abreast with who is moving where within the market with this week's Market Moves column.
Kiln buys 49% of Lloyd’s cyber coverholder NAS
Kiln has purchased a 49% stake in NAS Insurance, one of the largest cyber producers in the Lloyd’s market.
Miliband demands accelerated flood claim payments
Labour party leader Ed Miliband has demanded insurers settle payments on flood claims within weeks of submission.
Willis promotes Benolken to technology lead
Wills has promoted Sarah Benolken to a new role as global leader of technology, media and telecommunications.
Which? demands end to premium rate customer lines
Which? has renewed calls for the insurance industry to bar the use of premium rate phone lines for customers.
Insurers head for cabinet office flooding summit
Chief executives from Aviva, Direct Line Group, Axa, Lloyds Banking Group, Ageas and the Association of British Insurers are set to meet ministers today to brief the government on flood recovery.
Thomas Carroll recruits former cricketer to sales team
Welsh broker Thomas Carroll has recruited former Glamorgan and Kent cricketer Mike Powell to its new sales development team.
Hester reportedly plotting £350m share placing
RSA chief executive Stephen Hester is reportedly looking to investors to raise as much as £350m for the insurer in an emergency cash call.
JBA releases highest resolution GB flood model
JBA Risk Management has updated its Great Britain flood model to provide greater precision than ever previously possible.
LAS agrees £35m Innovation Group sale
Innovation Group has agreed the £35m acquisition of LAS Claims Management, while also announcing a substantial expansion of its motor claims business.