Articles by Mark Sands
R&Q names King as Triton COO
Randall and Quilter has appointed Bradley King as chief operating officer of captive management subsidiary Triton.
Laurent Matras return expected to result in Axa personal lines overhaul
The return of former Groupama boss Laurent Matras to Axa may herald a shake-up of the insurer’s personal lines business, according to market observers.
Market Moves - 30 January 2014
Admiral, Canopius and Novae were among the recruiters in what was a busy week for insurers, with Bollington and JLT-owned Thistle the brokers making moves.
RBS reserves additional £465m for PPI claims
Royal Bank of Scotland has reserved £465m for further claims of mis-sold payment protection insurance after instances failed to decline as expected.
Marketform recruits Franks to boost cargo business
Lloyd’s specialist underwriter Marketform has recruited Howard Franks as a consultant to work with cargo underwriter Nicholas Edwards.
Prosight appoints Mageean to syndicate MD role
Prosight Specialty Underwriters has handed Syndicate 1110 chief operating officer Bernard Mageean a new role as managing director of the syndicate.
RSA likely to axe 2013 dividend says analyst
RSA may scrap plans to pay a 2013 full year dividend according to a report from Shore Capital analyst Eamonn Flanagan.
ABI’s Evans slams lack of political courage on young drivers
The Association of British Insurers has condemned stalled progress on a government green paper investigating updated rules for young drivers.
Hampden Underwriting completes Helios re-brand
Hampden Underwriting completes Helios re-brand Hampden Underwriting has been handed regulatory and shareholder approval to changes its name to Helios Underwriting.
Davies appointed to Yorkshire tyre blaze
Garwyn Davies Liability has been appointed by a public liability insurer to handle a tyre fire in Yorkshire.
Keoghs axing 41 fraud roles
Insurance law firm Keoghs has put 41 roles at risk of redundancy across its fraud department, including four partners.
Carnegie-Brown named Money Supermarket chairman
Aon UK chairman Bruce Carnegie-Brown is to be appointed chairman of price comparison site Money Supermarket.
Sliding motor premiums to halt soon, says AA
Continued falls in motor insurance premiums will like cease in the near future according to the AA.
FCA warns on Saffron clone
A group of fraudsters have cloned the website and marketing materials of broker Saffron Insurance, according to a warning from the Financial Conduct Authority.
Novae energy team growing with Payne
Lloyd’s insurer Novae has appointed Marsh’s former senior vice president of offshore construction to bolster its energy business.
Brokers get behind SRA plan to ban unrated firms from writing solicitors’ PI
Critics argue plan is ‘misconceived’ and would put ‘upward pressure on rates’.
Co-op ‘gets out of jail’ with refinancing deal to avoid selling GI business
Mutual was unlikely to find an acceptable value for unit.
Columbus Legal unveils new legal aid policy
Columbus Legal has pulled back the wraps on a new legal expenses policy designed to aid customers losing out on legal support following reforms.
Biba appoints Flaxmans to claims advocacy role
The British Insurance Brokers Association has named mediator Flaxmans as its preferred provider of claims resolution and advocacy services.
My Best XI: Kevin Roberts, Legal & General
Kevin Roberts, head of broker partnerships at Legal & General, has chosen his Best XI for an insurance industry start-up. Kevin has added Watchdog’s Anne Robinson and crocked Arsenal winger Theo Walcott to a team boasting some top insurance talent.
Market Moves - 23 January 2014
Catch up on the movers and shakers in this insurance industry this week.
Markerstudy spurned last minute Co-op bid
Gibraltar-based motor insurer Markerstudy declined an offer to join an unnamed US investment house in a last-minute bid for the Co-operative’s general insurance arm, Post can reveal.
SRA ratings plans 'confused' says Enterprise
An unrated professional indemnity insurer has condemned plans from the Solicitors Regulation Authority to bar insurers rated below B.
Unrated PI insurer Elite targeting AM Best rating by Q2
Unrated insurer Elite is hoping to be granted a rating by AM Best by the start of Q2.