Articles by Mark Sands
Crawford buys GAB Robins in £45.8m deal
Loss adjusting giant Crawford & Company has completed a deal to acquire GAB Robins in a deal worth £45.8m.
Century Underwriting becomes 101st MGAA member
The Managing General Agents’ Association has recruited its 101st member in the shape of commercial lines specialist Century Underwriting.
French floods force more than 3000 evacuations
Floods in Southern France have forced more than 3000 to evacuate their homes, while five people have lost their lives.
Trio sentenced after LV and Esure hit back at £145k crash for cash scam
A trio of crash for cash fraudsters have been handed custodial sentences following collaboration between LV and Esure to bring down a criminal ring.
14% of EU insurers fail 'baseline' EU stress tests
A test of more than half of Europe’s insurers by market share has found that one in twelve are currently likely to fail to meet solvency capital requirements when the Solvency II regime launches in just over a year.
Former LAS COO Dunworth resurfaces at Direct Line
The former chief operating officer of LAS found a new role helping Direct Line manage its supply chain after nine months out of the industry.
Towergate bondholders declare support
A group of Towergate’s creditors have declared their support for the embattled business as it seeks to resolve its future.
Towergate Underwriting CEO responds to concerns on broker ties
Towergate Underwriting CEO Clive Nathan has admitted concerns that he could lose further brokers in the wake of Arthur J Gallagher deciding to cut ties with the embattled business.
Insurance Europe unveils new committee chairs
Insurance Europe has revealed the new leadership of its committees, handing a leading role to Lloyd’s head of government policy and affairs Alastair Evans.
Digital Insurance and Technology Awards 2014: Winners Revealed
Post’s Digital Insurance and Technology Awards took place last night at the Royal Garden Hotel in London. The event recognised the increasing role that technology plays in enabling those in the insurance industry to streamline their processes, innovate,…
Quindell denies CMC contract loss reports
Quindell has denied reports that it has lost a contract worth 1000 personal injury claims a month, or that staff will not be paid before 2015.
Allianz tweaking commercial branch network for 2015
Allianz has created a new region for its UK commercial branch network, bringing together two existing locations in Central and East England
Gallagher branded ‘cynical’ and ‘opportunistic’ over Towergate axe
Arthur J Gallagher has been accused of being “cynical” and “opportunistic” in its move to limit business being placed with Towergate Underwriting, citing concern over the health of the business.
Ecclesiastical recruits Towergate Lancaster boss to helm Northern operations
Ecclesiastical has named Towergate Lancaster and Alker Insurance managing director Francis Carroll as its new regional director for the North.
Nine arrested in £450k Ifed household claims investigation
The Insurance Fraud Enforcement Department has swooped to arrest nine men and women across England as part of an investigation into £450,000 worth of household insurance claims.
Seventeen inks Clydesdale debt refinancing deal
Seventeen Group has agreed a deal to refinance its debts with Clydesdale Bank, allowing the firm to target new acquisitions.
Redburn appointment hints at piecemeal Towergate sale
Executive chairman claimed group would be sold as a whole
Lloyd’s handed Mexico representative office approvals
Lloyd’s has been handed approval by Mexican authorities to open a new representative office in Mexico City.
Soundbite: Listen to Inga Beale reflect on Lloyd's and the need for innovation
Speaking at Marsh's seventh annual client event on 25 November, Lloyd's CEO Inga Beale said the London market must continue to innovate as it has in the past.
Marsh boss Weil plotting contract efficacy drive
Marsh is to unveil a new drive to improve the effectiveness of commercial insurance contracts from next week.
Marsh unveils Pool Re alternative terrorism facility
Marsh has unveiled a new UK terrorism facility to provide cover to clients with commercial property assets in the UK.
Market Moves - 27 November 2014
All the latest job moves in the insurance market.
Sources play down Advent's growing Towergate holding
A reduction in Peter Cullum’s shareholding in Towergate to just 20% has been played down by a source close to the broker, who linked the move to the broker’s falling earnings.