Articles by Mark Sands
Ascot swings back to profit for 2012
AIG-backed Lloyd’s syndicate Ascot Underwriting has announced pre-tax profits of £93.3m.
Tempo pairs with W R Berkley on Commercial D&O
Tempo Underwriting has initiated plans to underwrite commercial directors’ and officers’ liability cover through a binding authority deal with W R Berkley.
Axa UK CEO "happy" with 9% commercial lines growth
The UK boss of Axa has admitted that he is “happy” with its performance in a “tricky” commercial market, although he stopped short at revealing its combined operating ratio for the 2012 financial year.
CILA takes IMD2 fears to Brussels
CILA boss Malcolm Hyde has taken his concerns on the Insurance Mediation Directive 2 to MEPs.
Swiss Re reports 2012 net income up 60%
Swiss Re has reported soaring net income alongside a special dividend for shareholders driven by P&C reinsurance business.
Giles recruits NIG Scotland boss to helm Glasgow branch
Independent broker Giles has swooped to recruit the leader of NIG’s Scottish operations.
Birmingham top motor fraud spot for 4th year
Birmingham has been named the UK’s top motor fraud location for the fourth consecutive year in Keoghs' annual motor fraud index.
Arag expands BTE sales team
Legal expenses insurer Arag has added a corporate account manager to its before-the-event sales team.
Energy firms face increasing cyber threat exposure: Marsh
Oil and gas firms should brace for a wave of cyber threats according to Marsh, citing convering technological, terrorism and political risks.
BP heads for two-step Deepwater Horizon civil trial
BP is to face a civil trial over the 2010 Deepwater Horizon oil disaster, after talks on a settlement with US authorities collapsed.
Utley settles on Lloyd’s Equity charges
Former Equity chief executive Neil Utley has been barred from applying for Lloyd's director positions for two years under terms agreed in a settlement on charges of detrimental conduct.
Equity adds Dacia to partnerships roster
Equity’s affinity arm has struck a three year deal to offer insurance to purchases of all new Dacia cars.
Russian meteor explosion 30x more powerful than Hiroshima bomb
The explosion of a meteor above the Urals in Russia generated a force 30 times greater than the Hiroshima nuclear bomb, according to the European Space Agency.
Admiral 2013 earnings forecast falls by £30m
Insurer Admiral has seen earnings forecasts slashed in an investor report from Investec as the motor referral fee ban approaches.
Besso recruits aviation boss from Gibbs Hartley Cooper
Independent broker Besso has swooped for a new head of aviation from Gibbs Hartley Cooper.
Buckley Scott launches fixed-fee, fast-track service
Loss adjuster Buckley Scott has unveiled a new plan designed to tackle challenges for EL and PL claims introduced by the incoming civil justice reforms.
SSL unveils cost cutting plans for third party collision claims
Specialist loss adjuster SSL Claims has launched a new service to adjust third-party motor collision claims.
Midas launches non-standard personal motor products
Midas Underwriting has lifted the curtain on two new non-standard personal motor products aimed as performance cars and classic sports cars.
Willis COO Ghezzi departs in cuts programme
Willis chief operating officer Gioia Ghezzi is to leave the firm as part of plans to cut 200 jobs across the business.
Crash for cash fraudsters jailed over fatal collision
Three men who orchestrated a crash for cash scheme that led to the death of an innocent motorist have been jailed.
BGL swoops for RSA compliance boss
BGL group has announced that RSA’s head of UK regulatory risk and compliance is to join the insurance group to head up compliance.
Willis deputy chairman Sullivan exits
Willis Group’s deputy chairman and global solutions chief executive Martin Sullivan is to depart the broker in May.
Russian meteor explosion injures 250
The explosion of a meteor above the Ural mountains in central Russia has left 250 people injured, three seriously, according to reports.
Libyan revolution anniversary violence likely
The 15 February anniversary of the Libyan revolution will raise the risk of violent protests, according to Exclusive Analysis.