Articles by Mark Sands
Catlin full-year results “a mixed bag”
Specialty insurer Catlin’s results for the calendar year of 2012 represented a “mixed bag” according to Shore Capital Eamonn Flanagan.
R&Q MGA launches Lloyd’s yacht consortium
Randall & Quilter’s multi-line underwriting agency, R&Q MGA, has created a dedicated Lloyd’s consortium to provide yacht and small vessel cover, globally.
Crawford records Sandy-boosted $52.6m profit for 2012
Loss adjuster Crawford has seen profits climb off the back of a strong fourth quarter for the year ending December 31.
GAB Robins expands tablet adjusting programme
Loss adjuster GAB Robins is to deploy tablets with all loss adjusting teams by the end of Q2.
Willis reports $446m 2012 net loss
Willis group has posted a total net loss of $446m for the year ending December 31 2012, a significant swing on last year’s result of $203m profits, alongside plans to cut 200 jobs.
Markerstudy CUO: Brightside stake "non-aggressive"
Markerstudy took a 9% stake in Brightside in a bit to protect its capacity investment and ward off buyouts according to the motor insurer’s chief underwriting officer.
Bluefin axes London sales team
Bluefin has made its London sales team redundant, cutting four roles, according to Post's sister publication Insurance Age.
Markerstudy picks up 9% Brightside stake
Gibraltar-based motor insurer Markerstudy has acquired a 9.3% stake in Brightside, including the shares of former chief executive and co-founder Arron Banks.
LAS opens Bristol office in twin hub drive
LAS Claims has launched a new office in Bristol in pursuit of its plans to operate on a two-hub model UK-wide, while also formally closing Manchester operations.
NMB confirms Cooper Gay acquisition talks
Energy broker Newman Martin Buchan has confirmed that it is in exclusive negotiations over a potential acquisition by Cooper Gay Swett & Crawford.
Hiscox backs mosque and Islamic school scheme
Niche mosque scheme Faithsure, which is underwritten by Hiscox, has started providing wholesale access through brokers.
Gadget and pet cover more popular than income protection
Pets and gadgets are a higher priority than income protection insurance according to a survey from broker Drewberry Insurance’s annual health and protection insurance survey.
Manchester Underwriting launches product recall cover
Increased demand for product recall and brand protection products has led London managing general agent Manchester Underwriting to launch its own product set.
Towergate names Barclays retail boss Duggan as Network Division CEO
Gary Duggan has been appointed the Towergate network division’s chief executive. He joins the executive committee of the firm and will lead the network business, which comprises Broker Network and Countrywide.
Sterling renews DAS legal expenses partnership
Sterling Insurance has renewed a deal with legal expenses provider DAS to provide legal expenses cover to its customers.
Arista recruits Peake to drive North East push
Commercial lines specialist Arista has appointed a senior commercial underwriter in Leeds as it tries to bolster growth in the North East.
Joint ventures are best plan to target emerging markets, says PWC’s Howe
PWC's new UK insurance lead Jonathan Howe has advised UK insurers to enter joint ventures in order to best access emerging markets and protect themselves in the future.
Ten backs chartered plans with training hire
Independent broker network Ten Insurance has appointed a training manager in its bid to receive chartered status.
Amlin-backed cyber risk MGA opens doors
Amlin is to lead capacity provision for a new cyber risks managing general agent.
Fraudster who claimed manhole fall sentenced
A fraudster who claimed he had fallen down a manhole has been hit with a suspended prison sentence as well as unpaid work and £85 of costs.
Vandalised Louvre painting uninsured
The vandalised French painting Liberty Leading the People, was uninsured according to art market sources.
Blizzard alerts raised on US East Coast
The US National Weather Service has sent out text message alerts to US East Coast residents warning of a blizzard due to hit the region over the weekend.
Beazley brings data breach solution to UK
Specialist insurer Beazley has imported its data breach solution to the UK four years after its US launch.
Tropical cyclone Oswald writes off Bundaberg homes
Homes in the city of Bundaberg, Queensland are likely to be a total loss following the passage of Tropical cyclone Oswald according to Cunningham Lindsey