Articles by Mark Sands
Flood Re 'devalued' by affordability fears claims CII broking group
Flood Re is “devalued” by a lack of proposals to address issues of affordable premiums according to a paper from the Chartered Insurance Institute’s new generation broker group.
Gallagher raising $200m for acquisitions
Arthur J Gallagher has revealed plans to generate up to $200m of cash through a stock sale announced last night.
Insurers must improve customer satisfaction, report warns.
Insurers and banks are being outpaced by the rest of the private sector in improving customer satisfaction, according to a report from the Institute of Customer Service.
Cunningham Lindsey distributing winter claims help
Loss adjuster Cunningham Lindsey has sent its insurers guidance to circulate to policy holders on avoiding property claims this winter.
RSA’s Lee facing ‘personal crisis’ amid share price drop and future uncertainty
Simon Lee’s position as RSA group chief executive is under threat following a week that saw the insurer issue two profit warnings, which triggered a share price plummet, market insiders have claimed.
Market moves: New faces as well as departures across the industry in a lively week for recruitment
This week saw a surge of recruitment, with changes and appointments across the industry. Post revealed that Simply Health would be axing two of its directors, while Covéa, Ace and XL were among the firms bolstering numbers. Bluefin continued a spate of…
Willis sidecar backed by Agencyport software
Willis’ recently unveiled Global 360 capacity initiative is to use risk exposure software from Agencyport.
RSA shares down 11% after two hours of trading
Shares in RSA have tumbled more than 10% after the insurer warned that its profits would be £70m lower than market expectations after an audit uncovered issues with claims and finance in its Ireland operation.
RSA shares down 11% after two hours of trading
Shares in RSA have tumbled by over 10% after the insurer warned that its profits would be £70m lower than market expectations after an audit uncovered issues with claims and finance in its Ireland operation.
Catlin boosted by “strong” underwriting, but investment returns remain low
Specialty insurer and reinsurer Catlin has unveiled increased gross written premiums, with rates also climbing, while investment returns have remained stubbornly low.
RSA suspends Irish CEO and issues £70m profit warning
RSA's Ireland insurance operation has suspended three top level bosses as part of an investigation into claims and finance issues.
RSA Ireland suspends CEO and issues £70m profit warning
RSA's Irish insurance operation has suspended three top level bosses as part of an investigation into claims and finance issues.
Fraudster granny handed three months in jail pending appeal
A grandmother who falsely tried to claim £750 000 for an injury has been handed a jail sentence pending appeal for contempt of court.
Allianz Group to beat 2013 forecast
Insurance giant Allianz will beat its 2013 profit forecast of €9.7bn despite European storm losses.
Allianz Group to beat 2013 forecast, despite sliding UK profits
Insurance giant Allianz will beat its 2013 profit forecast of €9.7bn in spite of its UK business being hit by volume losses on motor and legal protection.
Aviva's Hudson to join Equity in January
Sam Hudson, Aviva's broker performance director for intermediary and partnerships, is to join Equity from the start of next year as commercial director.
ANV names Bayles as technology E&O lead
Netherlands-based Specialty insurer ANV Holdings has named digital and privacy risk specialist Phil Bayles as lead of its new technology E&O and intangible risk underwriting team.
ANV appoints technology E&O lead
Netherlands-based specialty insurer ANV Holdings has named digital and privacy risk specialist Phil Mayes as lead of its new technology E&O and intangible risk underwriting team.
Swiss Re sees P&C income slide 22% for Q3
Swiss Re has reported tumbling income from its property and casualty reinsurance arm, balanced by increased premiums in Q3.
Swiss Re Q3 P&C income down 22%
Swiss Re has reported tumbling income from its property and casualty reinsurance arm, balanced by increased premiums in Q3.
Money Supermarket sees insurance revenues inch upwards
Price comparison site Money Supermarket has seen insurance revenues climb 2% for Q3 2013.
Healthy Pets appoints More Than founder as non-exec
Online pet insurer Healthy Pets has appointed one of More Than’s founding team as a non-executive director.
Lancashire recruits Merrill Lynch banker for non-exec role
Bermuda-based insurer and reinsurer Lancashire has appointed Merrill Lynch’s former co-head of corporate broking as a non-exec director.
Brokers concerned by latest Aviva exits as Hudson and Robinson jump ship
Pair’s departure follows those of Clayden, Spencer and Deakin in recent months.