Articles by Emmanuel Kenning
Profits up at Abbey Protection
Abbey Protection has announced a 3% rise in pre-tax profits to £10.3m with total revenue up 7% to £38.7m for 2012.
Compare The Market owner BGL appoints Donaldson to succeed Winslow as CEO
The BGL Group has appointed Matthew Donaldson to the role of chief executive officer with predecessor Peter Winslow becoming group executive chairman.
Investec savages Aviva over potentially irreversible decline
Investec Bank has issued a no-holds barred research note on Aviva and suggested that the provider may be in permanent decline as it cut the insurer’s target share price from 422p to 316p and advised investors to reduce their holdings.
Ex-Towergate regional MD joins Glendinning
Neil Forrest, formerly regional managing director for the North at Towergate, is to join JM Glendinning on 23 April.
No IPO on the table at Hastings
Gary Hoffman, chief executive of Hastings Insurance Group, has reiterated that an IPO is not in the pipeline for the company as it posted soaring profits, although it could still be an option in the future.
Profits soar at Hastings
Hastings Insurance Group has announced a 100% increase in Ebitda to £70m along with a near doubling of profit before tax from £31m in 2011 to £61m for the year ended 31 December 2012.
Broker Apprentice: The results
Judgement Day… So we come to the final session and my decision.
Ecclesiastical’s UK COR reaches 105.5%
Steve Wood, managing director for the UK and Ireland at Ecclesiastical, has vowed the provider will focus “sharply” on underwriting as its UK combined operating ratio (COR) hit 105.5% in 2012, up from 96.3% the year before.
McPherson to leave A&A Group
The A&A Group has announced that sales and marketing director, Steve McPherson, will leave the company this week after 28 years.
Investment returns save Ecclesiastical as COR worsens
Ecclesiastical has reported a UK underwriting loss of £12.3m for 2012, mainly due to liability business, along with a group underwriting loss of £24.6m down further on the £18.7m loss reported in 2011.
Towergate reveals national broking restructure
Towergate has moved from a six to a five-region structure, Insurance Age can reveal, as another regional managing director is set to depart.
Towergate closes broking operation in Birmingham
Towergate has closed part of its Birmingham branch and made managing director Brian Kerry redundant, Insurance Age can reveal.
Plum seeks broker growth with Madders hire
Plum Underwriting has appointed Niall Madders as senior technical underwriter.
RSA broker chief Paul Donaldson to retire in 2014
RSA has confirmed that Paul Donaldson, group broker relationship and sales director, will retire in early 2014.
Pearce retires from TEn
David Pearce has retired from his role as non-executive chairman of TEn Insurance.
White urged to make Biba fight harder for brokers
The appointment of Steve White as the new CEO of the British Insurance Brokers’ Association (Biba) has been welcomed by brokers but he has been warned of needing to rise to the challenges the trade body’s membership faces.
Steve White appointed new chief executive of Biba
The British Insurance Brokers’ Association (Biba) has appointed Steve White, currently head of compliance and training at the trade body, to the post of chief executive.
Transport committee in whiplash investigation
The Transport Committee has called for evidence on reducing the number and costs of whiplash claims.
Broker Apprentice Task Five: The interview
In some respects the interviews were meant to be the toughest assignment of the lot. I was trying to put them on the spot but without destroying them.
Henderson teams up with Acturis
Henderson Insurance Brokers (HIBL) has gone live on the Acturis system, the largest independent broker to opt for the technology provider’s system in the last two years.
Arista appoints Macauley in regional push
Arista Insurance has appointed Sean Macauley as development underwriter for the South West of England.
Coversure opens in Bedale
Coversure has opened an office in Bedale, North Yorkshire, its first new franchise of 2013.
Broker Apprentice Task Four: The schemes
This was a great task for the apprentices because it actually tested their imagination and their entrepreneurialism and it did so in a practical way.
Giles recruits Carlos Thompson in sector MD role
Giles has appointed Carlos Thompson from Endsleigh Insurance as managing director, private rental sector.