Articles by Mark Sands
Amlin teams with Oxford Uni on modelling project
Amlin will today release the initial findings of a research project with Oxford University on fears of systemic dangers generated by the increasing prevalence of risk modelling.
Markel 2013 profits climb after Alterra acquisition
Markel has seen its 2013 profits improve by almost $30m after integrating Bermudian insurer and reinsurer Alterra.
Met Office warns of 'danger to life' across Southern England
The Met Office has issued 16 severe flood warnings in South west and South east England this morning, warning that water levels represent a danger to life in the regions.
QBE recruits from Allianz, AIG and Hiscox in tech drive
QBE has swooped for four new technology, media and telecommunications specialists, recruiting from Allianz, AIG and Hiscox.
Allianz launches new healthcare plan for seafarers
Allianz Worldwide Care has unveiled a new healthcare product designed to provide care to seafarers in compliance with the Maritime Labour Convention.
Giles and Bollinger deals forecast to cost Gallagher up to £17m through 2014
US broker Arthur J Gallagher is set to pay an estimated £17m in integration costs through this year following the acquisitions of Giles and Bollinger in 2013.
CFC annual pre-tax profits climb 27%
The UK’s largest specialist lines managing general agent has witnessed both its revenues and profits climb in figures issued this morning.
Former Cunningham adjuster launches HNW business
A former senior adjuster at Cunningham Lindsey is to unveil a new high net worth adjusting and surveying business later this month.
RSA mid-markets boss Wilkinson exits
RSA mid-market regions director Dan Wilkinson has left the insurer after just over a year in the job.
Fitch affirms Generali at A- with negative outlook
Fitch has confirmed the ratings of Italian insurance giant Generali, locking the insurer and its core subsidiaries’ Insurer Financial Strength score at A- with a negative outlook.
Cunningham Lindsey launching Axa claims tools in £6m tech revamp
A £6m technology investment programme will see Cunningham Lindsey soon unveil a new suite of tools for policy holders making claims starting with Axa household customers.
Aspen grows pre-tax profits by £15m after quiet cat year
Bermuda based insurer and reinsurer Aspen has seen its full year pre-tax profits climb, alongside improved underwriting performance boosted by reduced catastrophe losses.
MGB recruits former Dickson Manchester boss as non-exec
MGB Insurance Brokers has named the former director of wholesale professional indemnity broker Dickson Manchester & Co as a non-executive.
Beazley targeting 2% investment yield for 2014
Specialist London insurer Beazley is hoping to return to 2012's investment yield next year after recovering from plummeting returns in the first half of 2013.
UK customers among least loyal on home and car insurance
UK insurance customers are among the least loyal to their car and home insurance providers, according to new figures from Accenture.
Beazley forecast for £17m boost in profits
London insurer Beazley will tomorrow report profits of almost $278.8m (£171m) alongside a special dividend of 8.5p according to a Westhouse Securities analyst.
Enterprise issues Leeds United winding up petition
Leeds United Football Club is facing a winding up petition from its shirt sponsor, unrated Gibraltarian insurer, Enterprise.
Insurers told to prepare for ‘seismic’ impact of driverless vehicle technology
ABI set to attend Valentine’s Day government summit on driverless cars.
RSA stock climbs 3% after Hester appointment
RSA’s share price has spiked in late trading after the insurer announced it had recruited former RBS chief executive Stephen Hester.
Police Mutual expands with Forces Financial deal
A mutual insurer supporting 200 000 police officers and their families is to expand with the acquisition of a provider of financial products to the military and police.
Market Moves - 6 February 2014
It was a busy week in recruitment again for insurers, with Ace, Marketform and XL Group among those recruiting.
Gallagher recruits RSA IT boss for new CIO role
Arthur J Gallagher has swooped for RSA’s UK and Western Europe IT and change leader Giles Baxter, to serve as its new international chief information officer.
Garwyn boasts 69% portal retention rate
Davies Group-owned Garwyn has reported a retention rate for liability claims with the Ministry of Justice portal 20% above the industry average.
Lloyd’s launches volume claims service
Lloyd’s has unveiled a new shared volume claims service to allow the market to better handle non-complex claims.