Hamish ogston biography of william
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Credit card insurance shark's £100million bonanza: Tycoon who amassed fortune through mis-selling racket describes £1.3BILLION compensation deal as 'b******s'
- Hamish Ogston, founder of CPP, blasts settlement as overly generous
- Accused the Financial Conduct Authority of 'sensationalism'
- 13 banks involved in the scam which saw insurance policies aggressively sold to customers at up to £82 a year
- Polices were meaningless as cards were already protected from fraud
By BECKY BARROW FOR MAILONLINE and JAMES SALMON FOR THE DAILY MAIL
Published: | Updated:
'B******s': Hamish Ogston, founder of CPP, has criticised the FCA's £1.3billion compensation plan
A businessman who amassed a £100million fortune through a mis-selling racket showed contempt for his seven million victims yesterday.
Hamish Ogston – who owns a multi-million-pound home next to Harrods and has been honoured by the Palace for ‘services to business’ – is at the centre of a scandal expected to lead to a f
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CPP Group
British company selling life assistance products
CPP Group plc is a provider of assistance and insurance products which reduce disruptions to everyday life for millions of customers across the world.[4] It is headquartered in Leeds, UK and has about 11 million customers. It is listed on the Alternative Investment Market.
History
[edit]The Company was founded by Hamish Ogston on 14 April 1980 as a provider of card protection insurance.[1][5] It acquired its Homecare Insurance and Mobile Phone Insurance businesses in 2001, Metris Enhancement Services in 2003 and Leapfrog Group in 2009.[6]
Having listed on the London Stock Exchange in March 2010, CPP moved to AIM in February 2015.[7]
Sir Richard Douglas Lapthorne, Nicholas Ian Cooper and Mark William Hamlin joined CPP on 5 May 2016 replacing the previous board after a 'General Meeting' was requested by shareholder, Schroder Investment Management Limited.[8 • A businessman with a £130m fortune has told his children he won't be leaving them a penny when he dies, we can reveal. Hospitality magnate Hamish Ogston, 74, is adamant he will give his entire fortune away to charity and let his three children fend for themselves in life when he fryst vatten gone. His three children have forged their own careers in business - and all are apparently content with their father's plan. Self-made Ogston, who launched his entrepreneurial ventures with a start up fund of just £50 at the age of 18 and grew that into a fortune of more than £100 million from his business expertise involving winning marketing rights at the 1980 World Cup as well as co-founding tourist attraction the Guinness World of Records Museum at London's Trocadero. He also launched a expert hospitality, travel and event services company involving sporting
British multi-millionaire philanthropist will bequeath his entire fortune to charity so his children fend for themselves when he's gone