Articles by Emmanuel Kenning
Only 8% of broking CEO and 5.4% of chair roles held by women
With gender diversity falling in key regulated senior management functions at brokers and lagging behind the low levels in the FCA-regulated financial services sector Insurance Age takes a deep-dive into which posts are held by women as our Broker…
FCA raises concerns on D&I strategies
The Financial Conduct Authority has warned that firms’ diversity and inclusion strategies are not consistently based on a clear diagnosis of their specific circumstances and challenges, meaning actions and initiatives may not be appropriately focused.
FCA reveals ESG committee line-up
The Financial Conduct Authority has established an environmental, social and governance advisory committee to help the regulator execute its ESG-related responsibilities.
Stark FOI data reveals scale of broking’s gender diversity leadership gap
Broking’s lack of gender diversity in key senior management function roles has got worse since 2020 with the sector also falling behind the current low levels set by the FCA-regulated financial services industry, a Freedom of Information request by…
Broking Success: Partnership power
Stuart Reid, non-exec chair of Partners&, explains why a penchant for buying does not make the broker a consolidator and how staying true to its founding ideals has helped it grow – with more to come
Aon’s Jane Kielty named deputy chair at Biba
The British Insurance Brokers’ Association has confirmed Aon’s chief commercial officer Jane Kielty will become its deputy chair on 1 January taking over from Laura Hancock.
ICO fines five firms £435,000 for unlawful “white goods insurance” marketing calls
The Information Commissioner’s Office has fined five firms a total of £435,000 for making nearly half a million nuisance calls trying to sell white goods insurance.
Markel first to partner with Zywave on broker briefcase expansion
Zywave has revealed an extension to its broker briefcase allowing insurers, MGAs and third parties to insert their broker-focused content directly into the workflow of a broker.
Stubben Edge buys Insurercore
Stubben Edge Group has bought tech enabled distribution platform Insurercore.
Zurich names David Nichols UK head of retail after David Martin exit
Zurich has appointed David Nichols as UK head of retail moving across from being chief claims officer.
FCA outlines rogue financial promotions clamp down
The Financial Conduct Authority has proposed new measures to stamp out illegal, unfair or misleading financial marketing.
Aston Lark expands Early Careers Programme in national push
Aston Lark has launched the second wave of its Early Careers Programme and committed to expanding the number of recruits to up to 80 in 2023.
Xenia buys trade credit specialist Linda Scott Associates
Xenia Broking Group has signed up to buy the trade credit insurance business of Glasgow-based Linda Scott Associates in a deal expected to complete on 22 December.
Under 20% of firms meet FCA expectations on attestation records
Only 11 out of 66 firms in the Financial Conduct Authority’s general insurance pricing review provided attestation records that met the regulator’s expectations.
Gallagher calculates 40% of commercial properties underinsured
Gallagher has assessed that two in five commercial properties in the UK are currently underinsured with the problem hitting a record high.
Turnover tops £20m at Alan Boswell after reshuffle
Alan Boswell Insurance Brokers has posted a 50% leap in turnover to £20.75m in the year to 31 March 2022 after a re-organisation brought two sister-companies into the firm.
Ardonagh buys £20m GWP PI specialist broker
Ardonagh Advisory has added to its professional indemnity portfolio buying The Professional Broking Group which trades as The Professional Indemnity Company.
Residential property specialist Deacon rebranded to Gallagher
Specialist residential property broking business, Deacon, will be rebranded as Gallagher on 5 December, the consolidator has confirmed.
One Broker buys Uttings Insurance Brokers
East Anglia’s One Broker Group has bought Uttings Insurance Brokers in Norfolk for an undisclosed sum.
CII gender pay gap spikes to 21.19%
The Chartered Insurance Institute Group has reported a mean average gender pay gap of 21.19%, up from 14.81% in 2021, alongside an improved ethnicity pay gap of 13.1%.
PIB buys health and safety specialists Emprocom
PIB Group has bought Lincolnshire-based health and safety specialists Emprocom to add to its risk management division.
Qlaims launches ATE service
Qlaims has extended its claims assistance to provide after the event services to its brokers.
FCA launches phase two of enhanced oversight programme for newly authorised firms
The Financial Conduct Authority has confirmed the start of phase two in its Early and High Growth Oversight programme and an expansion to feature 300 firms.
Fitch warns of deteriorating outlook for UK insurers
Fitch Ratings has delivered a split forecast for 2023 with the outlook for company market insurers deteriorating while London Market players have a ‘neutral’ ranking.