Articles by Martin Croucher
LV finance boss Philip Moore to step down
LV has appointed Lloyds Banking pensions boss Andy Parsons as finance director.
Pen signs £25m equestrian capacity deal with Markel
Pen Underwriting has signed a £25m capacity deal with Markel for its equestrian products.
Towergate places 133 jobs at risk in restructure
Towergate has placed 133 jobs at risk following a restructure in its finance operation.
Post People: 24 - 28 April 2017
This week's movers and shakers.
FCA aviation probe to centre on sharing of sensitive data
A misconduct probe into the aviation broking sector will centre on whether firms have been sharing competitively sensitive information.
FCA to investigate suspected misconduct in aviation broker sector
The Financial Conduct Authority is investigating at least four aviation insurance brokers over suspected misconduct.
Driverless cars law stalled by general election
The government’s driverless cars bill will have to be reintroduced from scratch in the next parliament after the general election.
Hiscox CUO sells £1.2m shares
Richard Watson, the chief underwriting officer at Hiscox, has sold a total of £1.2m of shares in the company.
FCA to launch probe into use of Big Data in retail pricing
The Financial Conduct Authority will carry out a review this year on how Big Data affects pricing in retail insurance.
Brokers slapped with £10m increase to FSCS levy
Brokers will face an extra £10m levy over last year as a result of an expected spike in the number of payment protection insurance claims.
Andy Bord appointed permanent CEO of Flood Re
Andy Bord, interim CEO of Flood Re, has been appointed to the role permanently.
Week in Post: Doing a Chris and Gwyneth – but who gets to keep the tofu Easter egg?
Easter is all about new beginnings. This will be true for us more than most, as we at Incisive Media celebrate our new ownership.
LV to cover reinsurance rate rises with higher premiums
LV will cover any reinsurance price rises as a result of the Ogden rate cut solely through premium increases.
LV takes £139m hit from Ogden cut
LV took an £139m hit to strengthen its claims reserves as a result of the decision to cut the Ogden rate.
Open GI completes Biba software house review
Open GI is the first software house to complete an independent review by the British Insurance Brokers’ Association.
Davies makes first acquisition since private equity investment
Davies Group has acquired regulatory services business Cynergie UK, its first deal since gaining a new equity backer.
Former Independent staff hit with further delays to redundancy payouts
Former employees of Independent Insurance have been hit with delays to redundancy payouts that were expected to be announced on Friday.
Insurers face ‘eye-watering’ bill from discount rate changes in Scotland
Insurers face an “eye watering” bill from the decision by the Scottish government to adopt the UK’s revised discount rate.
Two thirds of former Kwik Fit staff find new jobs
Two out of three workers affected by the Kwik Fit Uddingston site closure have found new jobs, according to a Scottish government study.
Insurers to be hit with transparency rules from this weekend
Insurers will be forced from this weekend to conform to tough transparency rules over policy renewals.
Lloyd’s sees underwriting hit following £2.1bn major losses
Lloyd’s has seen underwriting profits slip on the back of major claims of £2.1bn last year.
Lloyd’s confirms Brussels as post-Brexit destination
Lloyd’s has confirmed it will be setting up a new European business in Brussels following the government’s decision to invoke Article 50.
Live: Industry reacts as government triggers Brexit
Check out Post's live blog on industry reactions as the government invokes Article 50.
Ireland urged to ‘draw lessons’ from Lloyd’s Brussels decision
Ireland’s trade body for insurance said lessons need to be learned from Lloyd’s decision to pass up on Dublin as its European subsidiary.