Articles by Emmanuel Kenning
What The Papers Say - September 2011
In this month's edition Paul Anscombe, managing director of Seventeen Group joins Insurance Age's Liz McMahon and Emmanuel Kenning to discuss the latest news stories in insurance.
Ten more for TEn
TEn Insurance has signed up ten new members in the last three months bringing its total membership to 68.
Broker motor market policies slip to 33%
Research by Defaqto has revealed that the number of motor policies available via the intermediary channel has fallen to 33% with direct products dominating the sector.
Markerstudy Toba “totally unacceptable”
The British Insurance Brokers’ Association (Biba) has slammed the one hour reporting requirement of an accident claim in Markerstudy’s new terms of business agreement (Toba) as totally unacceptable.
F&R Associates to heat up market with new scheme
UK General has signed a new schemes deal with Grantham-based insurance broker F&R associates to cover home emergency for oil-fired central heating systems.
Referral fee ban could be catastrophic for brokers
Industry experts have warned that brokers reliant on an income stream from referral fees could find the government’s ban disastrous for their business.
Biba questions duplication in OFT inquiry
The British Insurance Brokers’ Association (Biba) has welcomed the announcement of an Office of Fair Trading (OFT) inquiry, particularly regarding comparison sites, but added it did risk going over old ground.
ABI keen to engage with OFT motor inquiry
The Association of British Insurers (ABI) has described the Office of Fair Trading’s (OFT) announcement of an inquiry into the cost of motor insurance as an opportunity to highlight the increasing cost pressures insurers’ face.
Europe clears Liberty Mutual’s Quinn Insurance takeover
The European Commission has granted clearance, under the EU Merger Regulation, for the acquisition of the general insurance business in Ireland of Quinn Insurance by US insurer Liberty Mutual.
IIB turns the screw on regulator
The Institute of Insurance Brokers (IIB) has called for “fundamental regime changes” in regulation.
IIL links up with CDL to fight fraud
CDL has confirmed that it is working with data provider Insurance Initiatives Limited (IIL) to launch an enriched data service, designed to aid accurate policy pricing by verifying consumer data.
Results improve at Coface
Trade credit insurer Coface has announced an 8% increase in turnover to €764m (£672m) in the first half of 2011 (H1 2010: €708m).
FOS names and shames PPI providers
The Financial Ombudsman Service (FOS) has named the providers of payment protection insurance (PPI) cases as it announced that complaints more than doubled to 98,632 in the first six months of 2011 compared to the second half of 2010.
PPI complaints soar to new high
The Financial Ombudsman Service (FOS) has revealed it handled 98,632 new complaint cases for payment protection insurance (PPI) in the first six months of 2011, more than double the total of 46,275 in the previous half year.
MMA deal leads to scheme option for UK General brokers
UK General has signed an extension to its capacity deal with MMA to broaden the terms of its tradesman’s liability offering.
Lorica hires for growth
Lorica Insurance Brokers has announced a number of new hires across its UK branch network.
Lloyd's backs ABI on compensation culture
Lloyd’s has announced its support for the Association of British Insurers’ (ABI) report on Tackling the Compensation Culture and warned that Britain should avoid going down the same path as the US.
ABI calls for end to compensation culture
The Association of British Insurers (ABI) has called for reform of Britain’s compensation culture laws claiming that UK consumers pay £2.7m a day to claimant lawyers through their motor insurance premiums.
Central targets charity sector with Hiscox
Central Insurance has teamed up with Hiscox to launch a charity product designed to meet the insurance needs of Scottish non-profit organisations in a single policy.
Your thoughts matter in our market sentiment survey
Insurance Age has launched its second sentiment survey of 2011 and is calling on brokers to participate in this independent barometer of market concerns.
Insurance achieves gender equality on junior exec pay
The Chartered Management Institute (CMI) has claimed that equal pay is now a reality for female and male executives working in the insurance sector but only at a junior level.
Purple appoints BDM from Bluefin
Jelf-owned network, Purple Partnership, has appointed Chris Hankey as the new development manager for the North and Midlands.
Debrett’s enters HNW with Sterling
Debrett’s, the self styled modern authority on all matters of etiquette and fine style, has launched Debrett’s Prestige Insurance targeting “discerning home owners”.
Wilson Organisation steps forward with Boots director
Gary Cormack, a former trading director for Boots, has joined Nottingham insurance broker The Wilson Organisation, as non-executive deputy chairman.