Articles by Mark Sands
Whiplash fraud “minimal” in Hong Kong says Kwiksure
Suspected whiplash frauds remain minimal in number in Hong Kong according to data from Asian broker Kwiksure.
GIC Re launches hazard map after flooding “wake up call”
Devastating floods in the Indian state of Utterakhand has prompted Indian reinsurer GIC Re to unveil a new hazard map.
Indian insurance sector set for premium spike
Direct insurance premiums will climb 11% over the next four years according to Indian Chamber of Commerce president Rajiv Mundhra.
Crawford recruits from Zurich for UK field ops lead
Crawford has swooped for a new head of operations for its field adjusting team, recruiting from Zurich Municipal.
Post Audio Supplement - 4 July 2013
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Howden heads for Chile with broker stake
Hyperion-owned broker Howden has acquired a 25% holding in a Chilean broker.
Lloyd’s CEO Ward stepping down by 2014
Lloyd’s chief executive Richard Ward is to depart his role at the London market before the end of this year.
US could freeze foreign insurer assets new Iran sanction rules
US authorities could freeze any local assets of foreign insurers if they contravene new sanctions on Iran which came into force at the start of this week.
Insurers risk US asset freezing under new Iran sanction rules
Insurers could be subject to freezing of any US assets if they contravene new US sanctions on Iran which came into force at the start of this week.
Rocket crash likely to hit launch underwriters
A Russian rocket which exploded over Kazakhstan is unlikely to have been insured, but may still have implications for satellite underwriters.
Markel recruits Aspen adjuster for senior claims role
Specialist insurer Markel has swooped for a former Aspen and QBE adjuster to bolster its claims team.
Crawford unveils specialty markets offering
Loss adjusting giant Crawford has pulled back the curtains on new specialty markets services for the London and international adjusting markets.
Cunningham Lindsey releases iPhone broker app
Cunningham Lindsey has released an iPhone app designed to help brokers find the right loss adjuster contact.
Towergate recruits from Covéa for Countrywide segment boss
Broker Network and Countrywide has recruited Covéa’s Keith Svendsen for a newly created position as Countrywide segment manager.
Catlin cutting up to 25 regional roles
Lloyd’s insurer Catlin is to cut between 10 and 25 roles as it looks to redevelop the way it does business in the UK regional market.
Ace shuffles Continental Europe leadership
Ace has restructured the leadership of its continental Europe operations, naming France country president Jeff Moghrabi chief operating officer for the region.
Firemen demand “urgent review” on Chinese lanterns
The Chief Fire Officers’ Association has called for a review on the use of Chinese lanterns after the devices were blamed for a blaze at a West Midlands waste recycling site.
Drivestyle launches mile-by-mile telematics product
Coverbox brand Drivestyle.co.uk has unveiled a new car cover that allows customers to purchase car insurers in bundles reflecting how far they drive.
Reid pledges Bluefin commitment after taking executive chairman role
Newly appointed Bluefin executive chairman Stuart Reid is "really excited" about a new role at the broker, he told Post.
Reid named Bluefin chairman, group MD steps up to CEO
Bluefin chief executive Stuart Reid is to step up to a new role as executive chairman of the broker, replaced by group managing director Mike Bruce.
IFB boss Fletcher welcomes fraud sentencing consultation
Insurance Fraud Bureau director Ben Fletcher has hailed a consultation from the Sentencing Council to set new guidelines for fraud.
Repair firm warns on Flood Re start date “grey area”
Damage restoration specialist Richfords Fire and Flood has warned that a new agreement on flood cover is not due to come into effect until 2015, with a “grey area” in the interim.
Gable combine ratio improves to 67.4%
Liechtenstein-based Gable's combined ratio improved to 67.4% in its full year results for the calendar year 2012, beating its restated 2011 figure of 78.8%.
Business as usual says Co-op as it launches £6m ad campaign
The launch of a new advertising campaign for The Co-operative Insurance represents "business as usual" according to commercial director Lee Mooney.