Articles by Mark Sands
BLD names former Drive Assist supplier management head as CFO
Claims management firm BLD Group has named head of supplier management and claims liaison David Hancox as chief financial officer.
New Tasmania fire destroys 30 homes
A bushfire sparked on 13 January has led to evacuations of Tasmanian residents as the island fights to recover from blazes which racked the state earlier in the month.
RSA names head of sold Dutch Caribbean unit as Hong Kong CEO
RSA has appointed its former Dutch Caribbean boss as chief executive of the firm's Hong Kong business following the confirmation in December that it will sell the business to Fatum General Insurance.
Allianz GCS gets local reinsurer approval for Brazil
Allianz Global Corporate and Specialty has received approval from the Brazilian regulator to start operating as a local reinsurer in the country.
CNA Europe swoops for CFC technology lead
CNA Europe has appointed CFC Underwriting's former technology and cyber division lead as European underwriting director of technology.
FSA seeks PPI mis-selling deadline
The Financial Services Authority is in talks with the banking industry to set a deadline for customers being able to claim for the mis-selling of payment protection insurance, according to reports.
IFIC's Gracey departs for US counter-fraud firm
Bobby Gracey has left his role as chief executive of forensics investigators International Fire Investigators and Consultants after 12 months to join a US-based fraud management firm.
Aspen promotes Meyer to Bermuda CUO
Aspen has promoted its London-based marine and terrorism reinsurance head to the role of chief underwriting officer at the firm's Bermuda subsidiary.
Equinox Global appoints Germany business head
Equinox Global has named credit insurer Euler Hermes' Hong Kong chief executive Henning Siess as head of Germany.
RSA goes live with Xchanging settlement system
RSA has activated a new platform for internal net settlement developed by Xchanging and Deutsche Bank.
DLG inks Capgemini IT deal to leave RBS systems
Direct Line Group has signed a five-year deal with Capgemini for an independent IT system that will move the insurer from Royal Bank of Scotland Group tools.
Allianz puts Sandy loss at $590m
Allianz has estimated its hit from last year's Superstorm Sandy at €455m ($590m).
Plum launches MNW focused home product
Specialist household provider Plum has launched a new home insurance product, while HNW broker Castleacre has revealed that property rates can vary by as much as 8%.
Ace recruits European marine manager from Dutch insurer Achmea
Ace has swooped for a new marine manager responsible for continental Europe, including central and eastern Europe, in the form of Benoît Chasseguet.
ECIC parent appoints Metcalf as group finance director
EC Insurance Holdings, parent of Electrical Contractors Insurance Company and Electrical Contractors Insurance Services, has recruited MGM Advantage's head of finance to serve as group finance director.
Premium Credit appoints new markets head
Premium Credit has recruited Capita's general insurance finance director as head of new markets.
Markel recruits from Beazley for claims head
Specialist insurer Markel has named Beazley’s Hannah Purves as its new claims director.
Solar storms could generate trillions in economic losses, warns Aon Benfield
Solar and geomagnetic activity will reach a peak in 2013, according to reinsurance broker Aon Benfield, putting power distribution, telecommunications and satellite navigation at risk.
AIG files Maiden Lane lawsuit
Insurer AIG has launched a lawsuit against the Maiden Lane vehicle set up by the Federal Reserve Bank of New York to bail out the firm in 2008.
Aston Scott acquires RSA subsidiary Fyfe
Independent broker Aston Scott has moved to acquire the brand and business of RSA subsidiary Fyfe Group.
Wildfires wreak havoc in Australia
Insured losses from wildfires in Tasmania are currently estimated at just under £35m, an Insurance Council of Australia spokesman has said.
Venezuelan economic crisis could increase expropriations
The chances of nationalisation of major private assets in Venezuela are increasing as an economic crisis in the country looms according to risk analysts.
Open GI names South West account manager
Systems provider Open GI has moved to bolster its sales department with the appointment of a new account manager dedicated to the south west of the UK.
First Title gets second Law Society endorsement
Legal indemnity provider First Title Insurance has been formally backed by the Law Society for the second consecutive year.