Articles by Mark Sands
Arista names Leeds-based regional manager
Towergate-owned managing general agent Arista has recruited a new regional trading boss for the North East in the shape of a former UK General sales manager.
Moody’s raises default warnings in Towergate ratings
Moody’s amended its ratings to reflect an increased likelihood of Towergate defaulting, while also lowering ratings for bonds issued by the broker.
Soundbite: Listen to Mark Cliff on his Brightside move
Ageas retail and distribution CEO Mark Cliff has told Post exactly what lured him to a new role as Brightside executive chairman.
Cliff notes Anacap ambition ahead of Brightside move
Outgoing Ageas retail and distribution CEO Mark Cliff has cited a combination of ambition from backer Anacap, as well as a desire for a personal stake in his work, as key factors in luring him to Brightside.
Ageas retail boss Cliff heads to Brightside
Brightside Group has named Ageas Retail CEO Mark Cliff as its new executive chairman, subject to regulatory approval.
Ageas adds three to specialist motor underwriting team
Ageas has created three new roles in its specialist motor underwriting team, filling the vacancies with recruits from Brightside, ERS and its own technical motor unit.
MoJ opens consultation on hiked CMC fees
The Ministry of Justice has opened a new consultation into the regulation fees paid by claims management companies for the 2015/16 regulation year.
Quindell share price climbs on Nationwide Accident Repair exit denial
Quindell has rejected suggestions it is planning to sell its holdings in a repair services provider, bolstering the troubled firm’s share price in trading today.
Marsh tipped to lead Towergate bidding
Some of the UK’s largest brokers have been floated as potential bidders for Towergate, with Marsh favourite among some observers.
Towergate 'gearing up' for Q1 sale conclusion as consultation count reaches 1000
Towergate’s executive chairman Alastair Lyons is hoping to conclude talks over a potential sale in the first months of 2015, after the broker confirmed it had received multiple bids for the business earlier today.
Market Moves - 20 November 2014
All the latest job moves in the insurance market.
RSG hires Argo underwriter to lead London MGA
Chicago-based insurance services business Ryan Specialty Group has recruited Argo Re underwriter Mark Peeters to lead a new London-based managing general agent specializing in directors and officers liability cover.
Duplication inflating Claims Portal figures
The Claims Portal has warned that duplication is inflating the total number of claims registered with the claims portal, but cautioned it is unable to estimate the scale of the problem.
Hood Group looks to Axa for new sales boss
Hood Group has swooped for an Axa account manager to lead its sales operations in a newly created group-wide role.
Open GI recruits commercial product specialist from Blackpool broker
Open GI has bolstered its product management unit by recruiting commercial product specialist Sara Noble from Blackpool-based Central Insurance Services.
Charles Taylor unhampered by large claims drought
Charles Taylor has reported performance in line with expectations, in spite of a drop off in numbers of large commercial losses.
Personal injury claims on the up in motor as hearing loss claims rise too
Analysts predicting full year squeeze on profitability after Q3 results
ABI signs joint letter on driving licence reform as government progress stalls
Ethics around restricting driving and passengers could be blocking progress
Market Moves - 13 November 2014
All the latest job moves in the insurance market.
RSA’s Hood handed chief digital officer role
RSA has promoted digital and multi-channel director Ian Hood to the newly created role of chief digital officer.
Gherkin acquired by Safra Group
London’s Gherkin building, home to Swiss Re, has been acquired by an investment group led by Brazillian banker Joseph Safra.
Clear picks up Heartland Group
Independent broker Clear Insurance Management has acquired Leamington Spa-based Heartland Group.
Dye confident Allianz will return to retail profitability for full year
Allianz UK CEO Jon Dye has stressed that the insurer still plans to return to underwriting profitability for its retail business in its full year results, despite notching a 100.2% combined operating ratio for the first nine months of the year.
Allianz UK nine-month profit down £10m despite GWP improvement
Allianz has reported pre-tax profits down 9% at £117.2m in spite of gross written premiums increasing by £181m.