Articles by Mark Sands
APPG chair Evans praises SRA on referal fee fight
The Solicitors Regulation Authority has been acclaimed by Jonathan Evans MP, chair of the all party parliamentary group on insurance and financial services, for taking action against firms flouting the referral fees ban.
Ageas backs road improvement calls
Ageas has thrown its weight behind a campaign for safety investment on Britain’s roads.
Ex-Oval boss Herdman named Prism Network chairman
Former Oval group managing director Jeff Herdman has been named non-executive chairman at building repairs specialist Prism Network.
RSA stock boosted by takeover rumours
Rumours of a buyout at RSA have seen the insurer’s share price climb 3.1p yesterday, reaching a high of £1.27 at the close of business on the London Stock Exchange.
Hill Dickinson builds insurance team with two from Riker Danzig
Hill Dickinson has recruited a pair of insurance and reinsurance lawyers from US-based law firm Riker Danzig.
Axa retains lead in Brokerbility satisfaction survey
Axa has been ranked highest of Brokerbility’s seven key insurer partners in a survey of members.
Brokers confident US has learnt from Sandy amid quiet hurricane season
Experts’ predictions of an active period have not come to pass in 2013.
Willis unveils specialty capacity placement strategy
Willis has pulled back the curtains on plans for three insurers to provide additional capacity for up to 20% of the its London specialty risk portfolio.
Gibraltar-based motor insurers outperform UK counterparts
Niche offerings help domiciled firms achieve sub-100% CORs.
Homeserve UK boss King stepping down in 2014
Homeserve UK chief executive Jonathan King is to step down next year, with group chief operating officer Martin Bennett set to replace him.
Motor premiums continue “record drops” in Q3 says the AA
A dramatic plunge in car insurance premiums is continuing according to the latest figures from the AA.
Be Valued acquires Allied Carpets claims business
Home Flooring Solutions, a claims spin off from Allied Carpets, has been saved from administration after being purchased by Be Valued, Post can reveal.
Market Moves: Busy Bluefin makes big hires while Allianz swoops for a rival’s regional director
Broker Bluefin was the most active firm in the insurance sector this week, with two appointments shaking up its business in North Yorkshire and Scotland. Meanwhile, Allianz hired a rival’s regional director, Hiscox brought in a broker to head up its…
Ageas given High Court approval to transfer Groupama covers
Ageas has received approval for the formal transfer of all Groupama business to its Optima and Exclusively brands from the end of October.
Barbon closes Croydon HQ
Barbon Insurance Group has confirmed plans to close its Croydon head office, relocating functions and roles to new purpose built premises in Lincoln.
BP Marsh pushed to £1.4m post-tax profit after Hyperion sale
The sale of an 80% stake in Hyperion Insurance Group has seen BP Marsh record a £1.4m post-tax profit in its interim results for the year to 31 July.
Ombudsman data shows insurance complaints up 4.6%
Consumer complaints for general insurance products reached almost 6500 in the quarter ending 30 September according to data published by the Financial Ombudsman Authority.
Aviva Canada names broker distribution boss Somerville as CEO
Aviva Canada has named its executive vice president of broker distribution as its new president and chief executive.
Jelf trading update reports 'positive' H2
A trading update from Jelf has revealed the broker experienced a positive second half of 2012, with results expected to be in line with market expectations.
Purple Partnership chairman Finch to step down
Independent broker network Purple Partnership has announced that non-executive chairman Alec Finch is to step down from 31 October.
Co-op Bank hikes PPI provisions by £105m
The Co-operative Bank has said that cost relating to the mis-selling of payment protection insurance may be up to £105m higher than expected.
Quindell working on 'one-in-four' UK claims
Outsourcing firm Quindell Portfolio is now serving some role on roughly one-in-four insurance claims in the UK, following contract wins, the firm has said.
Doodson Broking acquired by Integro
Manchester based Doodson Broking Group has been purchased by Integro. Terms of the acquisition have not been disclosed.
Unsecured Drive Assist creditors to share £600k
Drive Assist liquidator Zolfo Cooper has informed Post that latest estimates suggest unsecured creditors of the credit hire firm must split around £600 000.