Articles by Mark Sands
Faraday renews Pro contract for another three years
Tawa subsidiary Pro insurance has renewed a deal to provide underwriting support to Faraday.
UIB recruits ex-BP manager as engineering lead
Reinsurance broker UIB has named former BP engineer Lachlan Munn as divisional director of its Engineering Risk Consultants business.
One in four Brits unaware of incoming gender rules
A study by the AA and Populus found that more than a quarter of British drivers are unaware that premiums will soon be affected by EU gender rules.
Equity Red Star takes over three Ecclesiastical motor accounts
Motor insurer Equity Red Star has picked up three motor schemes written by Ecclesiastical for its subsidiary South Essex Insurance Brokers.
Giles appoints corporate risks branch director
Independent insurance broker Giles has appointed John Leckie as branch director for its corporate risks business.
Beazley reports 9% climb in GWP
Beazley has reported a 9% increase in gross written premiums in an interim management statement marking its year to date results.
ING to axe 1350 insurance staff
Dutch finance giant ING is to cut 2350 jobs, over half of which will come from insurance operations.
Jubilee parent completes Direct Group deal
Ryan Specialty Group is completing the acquisition of Direct Group today.
Swiss Re sees Q3 profits soar
Reinsurance giant Swiss Re has reported an improvement of just over 60% in group profits for the third quarter.
Bluefin white-labels Lorega 10
Independent broker Bluefin is to white-label loss recovery insurance product Lorega 10, branding it as Bluefin Response.
ProSight names Towers Watson director as syndicate CRO
ProSight has appointed Ryan Warren as chief risk officer for its Lloyd's Syndicate 1110.
Aspen launches professional indemnity products
Aspen Risk Management has created a range of professional indemnity products to provide greater flexibility and choice.
Ace highlights environmental issues as top European emerging risks
A survey of 600 risk managers, chief risk officers, chief financial officers, chief operating officers and insurance buyers found that 35% of mid-size companies view environment risk as the top emerging concern.
Lancashire records 48.9% Q3 combined ratio
Lancashire has reported a marginal increase in the combined ratio and a fall in net operating profits in its Q3 results.
Analysts react to Haste's Lloyd's move
The decision by former RSA group chief executive Andy Haste to join Lloyd's as deputy chairman has surprised market observers, who expected him to stay in general insurance.
Second storm system set to hit New Jersey and New York
More US east coast disruption expected to hamper recovery efforts following superstorm Sandy.
Antares names energy underwriter
Lloyd's insurer Antares has appointed Jim Lye as energy underwriter with immediate effect.
Lancashire launches Saltire sidecar
Bermudian insurer and reinsurer Lancashire Holdings is to create a new sidecar, Saltire Re I.
Soter appoints Humphreys to head of operations role
Incident manager Soter Professional Services has appointed Dan Humphreys as head of operations with immediate effect.
Too early for Sandy loss estimates, says Hiscox
Hiscox chief executive Bronek Masojada has refused to be drawn on loss estimates following the release of the insurer's results for the nine months ending 30 September.
Zurich ends Thomas Cook HNW deal
A Zurich spokesman has confirmed that the recent re-launch of Zurich’s high net worth travel product was preceded by the cancelling of a tie-up with White Horse Insurance.
Arista appoints underwriter in broker relationships initiative
Commercial lines underwriter Arista has appointed Mick Hunter as development underwriter in its St Albans office in a bid to boost relationships with brokers.
US Risk plans Dubai launch
US Risk is seeking to establish broking operations in Dubai.
Outgoing Besso chairman Wade sells stake
Chairman Michael Wade has sold his stake in Besso to a consortium of investors, including BP Marsh.