Penny Black's insurance week

penny-black

Given his aspirations as a pop impresario, Penny was interested to see former IAG UK boss and Hastings investor Neil Utley enter the annual Rich List chart above the likes of George Michael, Robbie Williams and Phil Collins.

His estimated fortune of £160m — based on Hastings' planned IPO — put him at number 430, and saw him leave Hastings founder David Gundlach for dust, who was at 703 with a meagre £100m fortune.

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