Articles by Mark Sands
Tysers plots LLP move for talent retention
Independent Lloyd’s broker Tysers is to move to a limited liability partnership in a bid to attract and retain talent.
Sterling teams with WR Berkley for on PI launch
Sterling Insurance Group is to enter into the professional indemnity market with the launch of new cover.
Towergate bolsters Northern broking teams
Towergate has recruited Willis’ corporate Northern region director to head up its own business for the region, as well as appointing a new managing director for its Newcastle operation.
R&Q sees total 2012 income up 41%
Randall and Quilter has reported total group income of £52m for the year ending December 31, up 41% on 2011’s equivalent figure of £36.8m.
R&Q plots Bermuda move
Randall & Quilter is planning to redomicile its holding company in Bermuda, moving out of the UK.
Co-op exits Lloyds branch deal
The Co-operative Group has withdrawn from plans to purchase 632 branches of Lloyds Bank, having first announced a deal in December 2011.
Travelers Q1 figures show upturn for US P&C business
Positive results at property casualty insurer Travellers reflect an upturn in the US market according to a Westhouse insurance analyst.
Food Standards Agency publishes final horsemeat results
The Food Standards Agency has published the results of its final tests for horsemeat in UK beef products before launching into a new quarterly test regime in June.
Equity names Xchanging’s Yorke as its first COO
Equity Insurance Group has continued to restructure its leadership following yesterday’s confirmation that the Aquiline purchase had completed.
Xchanging names former Charles Taylor London Market boss as chief reinsurance adjuster
Technology provider Xchanging has promoted its head of delegated lead to a new position as chief adjuster for reinsurance in its claims services business.
Brokerbility inks law firm partnerships
Broking group Brokerbility has complete partnership deals with law firms Berrymans Lace Mawer and DAC Beachcroft that will see members provided with services.
Critical infrastructure vulnerable to hacking
Infrastructure systems are increasingly susceptible to wireless hacking attacks according to security consultancy Digital Assurance.
Sichuan quake leaves 100 000 homeless
A 6.6 Mw earthquake in the Sichuan province of China has left nearly 100 000 Chinese homeless, and may have dealt severe damaged insured industrial facilities in the region, according to Eqecat.
Aquiline completes Equity acquisition
New York-based private equity firm Aquiline has completed its deal to purchase Equity Insurance Group.
Coverbox takes up new Stamford offices
Telematics insurer Coverbox has relocated its management, marketing and admin teams to new bases in its home town of Stamford, Lincolnshire.
Hiscox names property head as new London unit CUO
Hiscox has restructured its London operations, separating the insurance and reinsurance lines in a bid to foster growth.
L&G drops GAB Robins from claims pilot
Legal and General will proceed with two loss adjusters on its claims pilot programme after dropping GAB Robins.
Aviva linked with 'astonishing' Co-op bid
Aviva could be in line to make a bid for The Co-operative Insurance’s non-life business, according to a report in the Sunday Times.
Towergate shrinks full year losses to £6m
Towergate has improved its figures for the year ending 31 December, declaring a pre-tax loss of £6.1m, despite worsening performance from its network division.
PI lawyers deny ethical standards slipping
Personal injury lawyers have denied ethics in their business are slipping, suggesting trained lawyers are increasingly forced by time pressures to be more distant from their clients.
New Apil president promises discount rate fight
Newly-elected Association of Personal Injury Lawyers president Matthew Stockwell has marked his debut with a combative speech pledging to resist any increase of the discount rate.
PPOs a “ticking time bomb” says legal expert
Periodic payment orders represent a “ticking time bomb” for injury lawyers and insurers alike, according to one speaker at the Association of Personal Injury Lawyers’ annual conference.
Hiscox names UK tech boss as head of intermediary sales
Hiscox has added to its schemes and partnerships team, naming its UK and Ireland head of technology, media and telecoms as head of intermediary sales and distribution.
DAS unveils law firm
Legal expenses insurer DAS has lifted the curtain on its own law firm, DAS Law, headed up by head of legal services Kathryn Mortimer.