Articles by Mark Sands
Validus completes LDC-backed MBO
Motor claims specialist Validus-IVC has completed a management buyout with the support of former Davies backer Lloyds Development Capital.
Former Davies’ COO takes Independent Group role
Former Davies chief operating officer Andy Webb has resurfaced in a new role as managing director for insurance at restoration services provider Independent Group.
25% of consumers happy to talk insurance on social media
A quarter of customers are willing to engage with an insurance provider over social media, research has found.
Bollington announces completion of MBO
Bollington has formally separated from Groupama after concluding a management buy-out.
Autonet appoints sales head
Staffordshire insurance broker Autonet has recruited Jonathan Walker as its new head of sales.
DCS Global swoops for CL trio and Berrymans pair
Claims management firm DCS Global has made a raft of senior appointments as it commences operations in Bristol and Manchester.
RSA and NFU Mutual ink bilateral claims deal
RSA has completed the signing of its fifth bilateral agreement on personal injury claims, signing a deal with NFU Mutual.
LMA completes marine claims standardisation project
The Lloyd’s market association has completed a year-long project to standardise engagement terms for marine surveyors and loss adjusters working in the London market.
Legal jobs petition targets Laspo reforms
Raising the small claims limit from £1000 to £5000 will cost 100 000 people their jobs according to a petition launched by solicitors.
Towergate shuts Birmingham broking branch
Towergate is to close its Birmingham office, with managing director Brian Kerry made redundant.
Canopius relaunches Bermuda business
Canopius has completed the integration of Omega’s Bermudian operation, rebranding the business as Canopius Reinsurance.
Bluefin broker of choice for arts consultancy
Independent broker Bluefin has signed a deal to become the broker of choice of UK arts sector consultancy Arts Quarter.
Plum role for Chubb's Madders
Household insurer Plum Underwriting has swooped to appoint a new senior technical underwriter in the shape of Chubb's Niall Madders.
Xchanging names Brit’s head of group services as Netsett boss
Technology provider Xchanging has recruited a new leader for its global net settlement platform Netsett in the form of Brit’s head of group services.
Equity pair hit with Lloyd’s sanctions
Equity Red Star’s former active underwriter and finance director have been hit with Lloyd’s costs and barred from holding Lloyd’s director positions.
White replaces Galbraith as Biba CEO
Outgoing Biba chief executive Eric Galbraith is to be replaced by the industry body’s head of compliance and training Steve White.
Clements Worldwide launches Dubai operation
US insurer Clements Worldwide has followed the 2009 launch of its London office with an expansion in Dubai.
Jobs at risk as KPMG feels bite of Solvency II delays
Up to 40 actuarial jobs are at risk at KPMG as the accountancy giant feels the pain of uncertainty around the timeline for Solvency II coming into force.
Hurst-Bannister expands Xchanging role
Former London Market Group and Travelers chairman Barnabas Hurst-Bannister has been given an expanded role at technology provider Xchanging.
ABI demands accredited whiplash examinations
Whiplash injuries would be assessed by an accredited medical expert under new proposals published by the Association of British Insurers.
Lancashire names Redhead as capital management boss
Bermuda-based insurer and reinsurer Lancashire Holdings has named Darren Redhead as head of it’s capital management division.
RBS to reduce DLG stake to 49%
Royal Bank of Scotland is to place a second tranche of Direct Line Group shares on the stock market via an accelerated book build.
Two-thirds Canopius’ GWP growth from Omega book
Canopius executive chairman Michael Watson has told Post that two thirds of the £76m improvement in gross written premium to £692m for 2012 was contributed by the integration of newly acquired Omega.
Canopius swings to 2012 profit despite “double” Sandy hit
Canopius has recorded pre-tax profits of £50m for 2012, in spite of having to deal with the losses of both its own business, and newly-owned subsidiary Omega.