Financial Services Authority

[upbeat music] And this week, our guest is Rob Jarvis, and our topic is portfolio underwriting.

Rob trained as an actuary at the Financial Services Authority before moving to Lane, Clark and Peacock and then on to Aviva.

In twenty fifteen, he became head of risk management at Prosite Specialty Insurance.

And then, after a brief spell at a startup, Rob moved to Tokio Marine Kiln, where he has been for the last eight or so years.

One of the first acts of the Blair and Brown government when Labour came in in the mid-90s was to make the Bank of England independent for the purposes of setting interest rates and monetary policy.

And so the Financial Services Authority was created as the regulator of the banking network and I went to a banking system and I went to work there.

So I had 10 years there.

And then after, again, a great 10 years loads, I joined Transport for London.

strategy.

So that's what I went to do.

And I'd done similar sorts of things at the Financial Services Authority.

So I was involved in the first national strategy for financial capability to enable more people to be able to manage their financial affairs effectively.

Yeah, I fought them.

You know, I reported them to the Financial Services Authority.

And after about six months, they said, right, Darren, let's agree a plan.

And it was repay the 50,000 back over eight years.

There used to be one financial regulator in this country.

They call the Financial Services Authority, the FSA.

Yep.

Which is confusing because there's also the Food Standards Agency.