Enterprise insurance
Analysis: Unstable firms are falling off the Rock
Post looks at a series of insurer failures in Gibraltar – and asks what the future will look like for existing and new entrants.
GI insurers to face 175% FSCS levy hike
Insurers will face a £56m Financial Services Compensation Scheme levy hike in 2018/19.
Remaining Enterprise claims 'progressing rapidly', liquidator confirms
Premium claims yet to be returned to Enterprise policyholders will "progress rapidly" over the coming weeks, liquidator Freddie White has confirmed.
FSCS refunds 75% of Enterprise customers
Three out of four former policyholders of Enterprise have been compensated by the Financial Services Compensation Scheme.
Enterprise liquidator passes motor claims handling to Gallagher Bassett
The liquidator for failed insurer Enterprise has handed over its motor claims handling to Gallagher Bassett from its previous handler.
Enterprise and Gable will cost insurers £63m this year
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.
FSCS pays out over £26m on Enterprise claims
The Financial Services Compensation Scheme has paid out over £26m in compensation on claims following the collapse of Enterprise Insurance.
Brightside's Mark Cliff on why chaos is needed for success
Chaos is needed for some highly successful brokers to emerge during 2017
206,000 Enterprise policies transferred to new insurer
Motorway Direct and NCI Roadside Assistance have transferred 206,000 Enterprise policies to new insurers with effect from 14 December.
FSCS levy may rise for brokers that use unrated insurers
The financial services watchdog could make brokers that deal with unrated insurers pay a higher levy to the Financial Services Compensation Scheme.
In Depth: Unrated insurers: The Biba Litmus Test Report
The downfall of Enterprise and most recently Gable has again raised the thorny issue of unrated insurers.
Thousands of motorists potentially uninsured following Enterprise collapse
More than 10,000 motorists may be driving without insurance following the collapse of Enterprise.
FSCS pays out £2m to UK Enterprise motor policyholders
The Financial Services Compensation Scheme has paid out over £2m in return of motor premium claims to Enterprise policyholders in the past two weeks.
Enterprise issued thousands of policies without authorisation
Enterprise Insurance wrote 10,000 UK roadside assistance policies in the UK without authorisation.
Midas and Mulsanne provide capacity for former Enterprise motor policies
Midas Underwriting has signed a deal with Mulsanne Insurance to provide capacity for motor policies that had previously been underwritten by Enterprise Insurance.
Enterprise deficit nine times larger than predicted
Failed Gibraltar insurer Enterprise had a total deficit of £96.4m, almost nine times more than the original estimate of £11m.
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.
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.
Biba urges members to contact Enterprise liquidator
The British Insurance Brokers’ Association has emailed its members advising any that have policies remaining with Enterprise to contact the provisional liquidator.
'Time is running out' for Enterprise customers, FSCS warns
The Financial Services Compensation scheme has warned Enterprise customers that the “time to act is running out”.