Gamble of the week: An insurer for your new Isa

If you're wondering what to put in your new Isa, this specialist insurer could be worth a look, says Phil Oakley.

This stock is an insurance company that specialises in certain areas of the insurance market, such as property, accidents, shipping and energy.It also makes money selling reinsurance (insuring other companies' insurance policies).

At first glance, these companies can be rather off-putting to the private investor. Their accounts are full of jargon that could have you reaching for the dictionary every five minutes.

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Phil spent 13 years as an investment analyst for both stockbroking and fund management companies.

 

After graduating with a MSc in International Banking, Economics & Finance from Liverpool Business School in 1996, Phil went to work for BWD Rensburg, a Liverpool based investment manager. In 2001, he joined ABN AMRO as a transport analyst. After a brief spell as a food retail analyst, he spent five years with ABN's very successful UK Smaller Companies team where he covered engineering, transport and support services stocks.

 

In 2007, Phil joined Halbis Capital Management as a European equities analyst. He began writing for MoneyWeek in 2010.