Last week Backchat reported on the return of Markerstudy and its founder Kevin Spencer.

This week Backchat has heard of another spectacular insurance re-entry - Independent Insurance's former deputy managing director Phil Condon.

Market sources have sighted him in and around the bars and restaurants of the City touting himself as a "consultant".

Motivational guru? How to make a mint and then lose it? The consulting opportunities are endless, Backchat thinks.