Insurance Post

Enterprise and Gable will cost insurers £63m this year

Money - pound coins

Insurers will have to pay £63m in supplementary levies to the Financial Services Compensation Scheme this year, to cover the failures of Enterprise and Gable.

The figure is in addition to a standard general insurance levy of £52m. This makes a combined levy of £102m, 12% more than the £91m insurers had to pay in 2016/17. 

Brokers will pay £13m in 2016 to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

This address will be used to create your account
Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here