Articles by Martin Croucher
Gable shareholders to meet to determine company’s future
A meeting will take place this afternoon to give Gable shareholders a final opportunity to inject fresh capital into the business.
SSP says recent outage ‘no way related’ to original service fault
SSP said the outage that affected brokers yesterday has nothing to do with the original problem that affected the Solihull data centre.
SSP brokers face new service outage as confidence hits 'rock bottom'
Brokers using SSP Pure are facing new woes after the platform went offline this morning after just a month of normal service.
Beazley refocuses portfolio after GWP fall in standard lines
Beazley has seen flat gross written premiums even as it sees declining income from its core lines of marine, property and political risk.
Croydon tram crash could be worst in British history
A tram that derailed leaving seven dead and 50 injured is being described by the industry as the worst light rail accident in British history.
Medco suspends 134 'shell' companies
As many as 134 ‘shell’ companies have been suspended from the Medco system following the implementation of revised qualifying criteria.
UK insurers likely to be impacted if Trump triumphs as stock market faces a ‘battering’
The UK stock market is likely to take a “battering” tomorrow if US presidential hopeful Donald Trump wins the election and UK insurers will not be immune to the fallout.
LA Fitness owner offers to buy remaining shares in Towergate
The private equity firm which bought 17.9% of Towergate has issued an offer to buy all remaining shares in the company.
Towergate sells 17.9% of shares to LA Fitness owner
Towergate has been partially bought out by LA Fitness-owner Madison Dearborn Partners.
Hiscox to ‘shrink’ London Market business in response to rate pressure
Hiscox is “actively reducing” its aviation, marine and energy business in the London Market, in response to severe rate pressure.
Dual CEO Bains will be replaced by regional board of executives
Talbir Bains, the CEO and chief underwriting officer of Dual, will be replaced in his role by a regional board of senior executives.
LMG adds three new lines to PPL
Three new lines of business will launch on the London Market electronic placing platform PPL on Monday.
Lloyds outsources claims management to Innovation Group
Lloyds Banking Group has outsourced its subsidence claims to Innovation Group, Post understands.
Week in Post: Borne back ceaselessly into the past
Halloween is now behind us, which means we’re now pitching irrevocably into Christmas season. The warbling of Maria Carey is already transforming supermarkets into no-go zones, and our inboxes are filling up with Christmas party invitations.
RSA will cut costs by £250m by end of 2016
RSA will complete £250m worth of savings in the business by the end of the year, the company’s CFO said.
Gable needs further capital to stave off insolvency, administrator warns
The administrator responsible for Gable has requested a further capital injection in order for the company to remain solvent.
Facebook delays Admiral's controversial young driver initiative
A plan to use a driver's Facebook profile to price insurance quotes has been delayed after activists pointed out the scheme fell foul of the social network's privacy policies.
Esure CEO Stuart Vann to gain £1.5m from Go Compare demerger
Esure CEO Stuart Vann will get £1.5m and CFO Darren Ogden will get £1m as a result of the Go Compare demerger, now confirmed for Thursday.
Lockyers offers ‘palatable’ wholesale facility on piers
Lockyers has opened a wholesale division, offering “previously uninsurable” pier coverage to other brokers.
Hastings increases GWP to 26%
Hastings has seen gross written premiums up by 26% from the same period last year.
Telematics providers push daylight saving time update to motorists
Telematics providers were forced to accommodate the change to daylight saving time on Sunday morning with a patched update to hundreds of thousands of motorists.
SSP posts £13m profit on back of ‘secure’ customer base
Software house SSP has made operating profits of £13m for 2015, and the company said its future growth prospects are “exciting”.
Go Compare valued at £425m ahead of demerger
Go Compare could have a value of up to £425m once it lists independently on the stock exchange, analysts believe.
FCA to consult on making FSCS levy more affordable
The financial services watchdog is looking to “improve affordability” for firms that contribute to the Financial Services Compensation Scheme.