Articles by Jen Frost
Updated: Tribunal throws out Eldon and Leave EU appeals against ICO
Exclusive: Arron Banks' broker Eldon still faces a data audit and fine after it and Leave EU’s appeals against the Information Commissioner’s Office were thrown out by a tribunal, Post can reveal.
Analysis: Little leeway from five month delay to whiplash portal
The Ministry of Justice has addressed a “loophole” meaning children and vulnerable adults will be able to recoup representation costs when the delayed whiplash portal rolls out, but questions linger over its start date, pressure on courts and claimants…
Government delays whiplash portal implementation
The government has decided that it would not be “practical” to implement the whiplash portal as planned and has delayed it until August.
Natural England chair Tony Juniper urges insurers to back upcoming climate talks
The chair of Natural England, Tony Juniper, yesterday urged insurers to put their weight behind upcoming climate change talks in Glasgow later this year.
Lloyd’s modernisation attempts bound to stray down ‘blind alleys’ says John Neal
The team in charge of the Lloyd’s Blueprint One modernisation plans admits the process is not yet pinned down as Lloyd’s CEO John Neal said they would be “happy” to run proofs of concept several times before hitting on success, as the corporation today…
Michael van der Straaten appointed QIC Global CEO
Qatar Re CEO Michael van der Straaten has been appointed CEO of QIC Global.
ABI expects whiplash portal to launch 'beyond' April
Delays to the legislation that will govern the whiplash portal mean it is highly unlikely the portal will launch in April, Association of British Insurers director general Huw Evans projected.
Culture 'ingrained' in FCA’s remit
The Financial Conduct Authority will be keeping a close eye on culture across financial services, a conference heard.
UKGI CEOs want to fix the loyalty penalty: Penny James
General insurance CEOs want to tackle dual pricing and support further regulatory intervention, a conference heard.
Flood impact driving on claims surge after storms Dennis and Ciara
The "significant" impact of river flooding is expected to persist over the next few days, the Environment Agency confirmed, as insurers continue to receive a surge of claims on the back of storms Dennis and Ciara.
This week in Post: Do or delay
The government is likely to make an announcement delaying the much-awaited whiplash claims portal in a matter of days, sources close to the project told Post this week.
Blog: Why the City watchdog is right to censure the London market
The Financial Conduct Authority is well within its rights to give the wholesale market a telling off on culture and modernisation, writes Post news editor Jen Frost.
London market chief disputes ‘disappointing’ FCA findings
The London Market Group has expressed its disappointment with the Financial Conduct Authority’s latest sector views report and requested a meeting with the regulator to discuss its findings.
Bollington ceases trading with Gefion
Bollington has suspended trading with Danish unrated insurer Gefion, Post can reveal.
Blog: A quick-fire reshuffle
Post news editor Jen Frost reflects on Sajid Javid’s shock exit as Chancellor and what this could mean for insurance premium tax and the budget.
Questions linger over insurer role in Church of England redress fund
Representatives of the Church of England passed a motion opening the door for redress for survivors of child sexual abuse, but questions remain over what role its insurers will play, if any, in a fund.
Unsecured creditors of Elite face around £70m shortfall
Elite’s administrators expect around £315m in unsecured claims, but have identified under £246m in assets available.
Gallagher UK appoints Jonathan Turner as specialty CEO
Gallagher has announced a number of senior people moves in its specialty broking and underwriting divisions.
French insurtech Luko plots UK entry
Exclusive: French insurtech Luko revealed it will aim to enter the UK market in 2020, as it hired Admiral's chief actuary in France.
Premfina no longer funding Gefion premiums
Exclusive: Premfina is no longer funding premiums for unrated Danish insurer Gefion.
Gallagher and hotel group reach agreement over alleged Heath Lambert 'secret profits'
Gallagher and Bloody Bay, which is locked in a legal battle with Besso, have reached an out of court agreement over alleged “secret profits” taken by a former Heath Lambert and later Besso employee, Post has learned.
Laka to open Netherlands hub and roll out ‘wellness’ product after seed raise
Following a seed raise bicycle insurance insurtech Laka will open an office in the Netherlands and look to offer a ‘wellness’ product, CEO Tobias Taupitz told Post.
Admiral staff to get bumper bonus as predicted profit soars
Admiral is expecting to see profit before tax of £510m to £540m for 2019, with its staff to each receive a £500 bonus.
Failed Staveley Head and its AR Policyplan paid £10m to parent company last year
The directors of Policyplan and in-administration Staveley Head paid £10m in total dividends to new parent company Gelert Group in 2019.