Penny Black's Insurance Week


Insurance and West Bromwich Albion have not appeared in conjunction too often in this column in the past — bar one reference to Baggies fan and Towergate CEO Andy Homer's lucky pants, perhaps.

But, listening to Desert Island Discs on Sunday, one was taken aback by comedian Frank Skinner's admission that the collapse of AIG had cost him a fortune. He said Coutts had advised him to invest in the company and his personal banker had assured him the worst he could lose was 10%, but there was no way that would actually happen. Oh well, hindsight is a beautiful thing.

Have you ever not read an invitation correctly and turn up to an event inappropriately attired? If you have, you may have some sympathy with Aviva group chief executive Andrew Moss, who Penny hears looked very dapper when he turned up to the Association of British Insurers' president's dinner last week in his finest black tie. The only problem was that the dress code was actually lounge suits. Rumours that at least one person mistook him for a waiter could not be verified as Penny finished this column.

It seems sometimes that Post forgets its own influence. Not to blow its own vuvuzela — but it would appear that despite owning up to our April Fool that Go Compare's figure-head, opera singer Gio Compario was to guest on an England world cup song, one of its rivals had been on tenterhooks waiting for the union. Hosting a roundtable last week, at which representatives from Go Compare and Money Supermarket were present, the conversation turned to whether any of the price comparison sites had anything special planned for the World Cup. At this point Money Supermarket's head of car insurance Steve Sweeney asked Go Compare's Lee Griffin when its football-themed tie-up was going to be launched, to then admit his disappointment when he found out it had all been a ruse.

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