Articles by Emmanuel Kenning
Entire Swinton executive board sacked
All of Swinton’s executive board has been fired with immediate effect by parent company Covea over concerns surrounding a performance-related share scheme.
Barton sees Jelf “bucking the trend”
Phil Barton, chief executive for insurance at Jelf, has described the broker’s 4.4% organic growth in insurance business to £44.8m as “no doubt bucking the trend” in the industry.
Admiral ponders creation of law firm
Admiral is considering setting up its own personal injury law firm in light of the developments to legal firms’ ownership under the alternative business structure changes.
Homeserve to outsource complaints handling
Homeserve is to outsource its complaints handling next year following an internal review.
Insurers react to S&P downgrade warning
Axa, Aviva and Allianz have responded to the news that insurers could face a downgrade in their credit ratings by highlighting the link to the negative watch recently placed on Eurozone member countries.
Major insurers hit by credit rating warning
Axa, Allianz and Aviva groups are among 15 insurers that Standard & Poor's (S&P) have warned face a downgrade in their credit rating.
Groupama could be headed for junk bond rating
Groupama SA has suffered further bad news on its credit rating status with Standard & Poor’s warning it could lower the group to junk bond status.
Brightside secures £100m capacity deal
Brightside Group has confirmed that a new capacity deal with an unnamed re-insurer will deliver £100m of extra capacity to its Gibraltar-based underwriting firm Southern Rock Insurance Company.
Cobra sells subsidiary business for £3.3m
Cobra Holdings has sold subsidiary business Cobra Corporate Solutions (CCS) to ISO Investments, a company controlled by Cobra shareholder Phil Truman, for £3.3m.
FUW joins Broker Network
The Farmers’ Union of Wales’ insurance arm, FUW Insurance Services (“FUW”) has signed up with Broker Network.
OFT finds lack of competition in private healthcare market
The Office of Fair Trading (OFT) has provisionally decided to refer the market for privately funded healthcare services in the UK to the Competition Commission for further investigation.
Moscrops recruits from Car Care Plan
Lancashire-based broker Moscrops has appointed Andrew Champion as managing director following the retirement of Tim Chadwick after 40 years with the business.
Three brokers make top 100 UK companies
Three insurance brokers have made it onto this year’s Sunday Times Fast Track 100 list of UK companies with the fastest growing sales over the last three years.
Man jailed after £2.3m insurance fraud attempt
A man who exaggerated his injuries and attempted to claim £2.3m in compensation has been jailed for four months by the Royal Courts of Justice after his deception was uncovered and he was found in contempt of court.
Mitsui Sumitomo expands in Dublin
Mitsui Sumitomo has appointed Brian Moran and Gavin Mullen to expand the offering of its recently launched Dublin office.
Biba responds to sexual harassment in broking claim
The British Insurance Brokers’ Association (Biba) has responded to an article in The Guardian that labelled insurance broking an old boy’s network where women were ill treated.
Ai Claims appoints COO from Homeserve
Ai Claims Solutions has appointed ex-Homeserve director Simon Pook to the new role of chief operating officer at the company.
Motor market fights back, declare experts
Ernst & Young has predicted a significant improvement in the motor insurance industry’s 2011 results following analysis of the UK market’s Q3 statements.
Distribution chief Terry Whittaker leaves QBE
QBE Europe has confirmed the departure of Terry Whittaker, managing director of distribution, with immediate effect.
Insurance Age blog: Out with the new and in with the old
I think the Euro will collapse. For what it is worth, and I know I'm no economist, I cannot see how it will survive even if the German chancellor, Angela Merkel, and French president, Nicolas Sarkozy, succeed in agreeing a rescue package, put by some…
ABI confirms no higher premiums for winter tyres
The Association of British Insurers (ABI) has reassured motorists that fitting winter tyres should not result in higher motor insurance premiums.
Allianz teams up with Adrian Flux and Transactor
Allianz Retail has made its Clear Private Car product available through both Adrian Flux and brokers using the Transactor software system.
Congregational appoints head of underwriting
Congregational & General Insurance (CGI) has appointed Andy Squires as head of underwriting.
Blanc pleased with progress but demands more
Amanda Blanc has challenged rival insurers to “put their money where their mouth is” on chartered status as she hailed the progress of her own broker-focused strategy.