Articles by Martin Croucher
#Post People 31 October - 4 November
This week's latest movers and shakers.
The rise and fall of Gable – where does this leave brokers?
The Liechtenstein-based insurer entered administration last month
Gibraltar launches ‘major investigation’ into Enterprise board
Gibraltar will launch a “major investigation” into whether Enterprise Insurance misled its financial watchdog over its financial position.
Bollington to transfer 3500 policies affected by Enterprise
Bollington Underwriting will block transfer 3500 policies affected by the Enterprise collapse to a new provider.
Hiscox offers $1bn fine art consortium
Hiscox has launched a new $1bn fine art consortium to better handle placing large risks within Lloyd’s.
FCA seeks vote of confidence from industry on its approach
The Financial Conduct Authority is seeking a vote of confidence from the industry on its current regulatory approach.
FSCS starts refunding motor premiums of Enterprise customers
The Financial Services Compensation Scheme will refund motor policies for customers affected by the Enterprise collapse from today.
FSCS will protect policyholders of Liechtenstein insurer Gable
The Financial Services Compensation Scheme said it will protect consumers affected by the Gable administration, should the firm become insolvent.
Bluefin CEO says Marsh acquisition talks are ‘no surprise’
Bluefin said there is “no surprise” that there is speculation over the sale of the business to Marsh.
Stackhouse Poland will acquire Lucas Fettes
Stackhouse Poland will merge with Lucas Fettes to create a “powerful independent insurance broker”.
AIG in £195m sale of assets to Fairfax
AIG will sell its Latin American and Central and Eastern European operations to Fairfax for £195m.
Hard Brexit puts £7.3bn of London premiums at risk
More than £7.3bn of premium in the London market will be potentially affected by a change to passporting arrangements following Brexit.
Gary Lineker among investors in insurtech firm Neos
Football legend Gary Lineker is among the investors contributing to £1m seed funding for smart home insurtech firm Neos.
Aon rolls out earthquake risk model for Iceland
Aon Benfield has launched a new catastrophe model to better weigh the risk of earthquakes occurring in Iceland.
Besso in talks over possible sale
Investor BP Marsh is in talks with “various interested parties” over the sale of Lloyd’s broker Besso.
Digital Insurance World: Live
Live updates from Post's Digital Insurance World event.
Foo Fighters withdraw suit against Lloyd’s insurers
A legal battle between the Foo Fighters and Lloyd’s of London insurers over compensation for cancellation of shows has been settled.
Shareholders bring £155m suit against Slater & Gordon over Quindell purchase
Shareholders are seeking £155m in damages from law firm Slater and Gordon over its purchase of the professional services arm of Quindell.
CSC reduces headcount by 4% following acquisition of Xchanging
CSC has carried out a “swift” integration with Xchanging following its acquisition in May.
Bupa opens office in Switzerland
Bupa has opened a new office in Zurich in order to cater to the growing expatriate base in Switzerland.
Government to outline ‘further plans’ to tackle whiplash
The government will outline new plans for tackling whiplash “in due course”, the Ministry of Justice said.
Insurer Gable goes into administration
Troubled insurer Gable has gone into administration because it couldn’t meet the obligations of Solvency II.
SSP calls for ‘increased scrutiny’ over software houses
SSP will welcome “increased scrutiny” from the Financial Conduct Authority in the wake of an outage that has affected a third of its customer base.
Man injured in park gets compensation claim thrown out
A man who fell from an ornamental bridge in a park has had his compensation claim quashed in what Zurich has described as a “victory for common sense”.