Articles by Emmanuel Kenning
FSA requests over 10% increase in funding
The Financial Services Authority (FSA) has asked for a 10.1% gross increase in annual funding for 2011/12 to £500.5m, up from £454.7m in 2010/11.
Oxford Insurance Brokers appoints two in UK PI team
Oxford Insurance Brokers has revealed the first step in its growth strategy following a £1.4m investment from venture capitalists BP Marsh & Partners in June last year.
Direct Line targets mid-net worth sector
Direct Line has announced the launch of Direct Line Select Insurance.
Arista opens Leeds office
Arista Insurance has expanded its branch network to seven by opening a new permanent office in Leeds.
Fraud costs UK over £38bn each year, according to NFA report
The National Fraud Authority (NFA) has reported that fraud costs the UK over £38bn a year with insurance fraud accounting for £2.1bn.
Simply Business claims commercial insurance platform first
Simply Business has launched what it says is the commercial insurance industry’s first live online tracking platform for its customers going through the claims process.
UK General Insurance targets smaller brokers with launch of commercial property scheme
UK General Insurance has added to its smart schemes initiative with a tailored commercial property scheme targeting upwards of £150,000 gross written premium.
Momentum signs up three brokers
Momentum, the recently launched support and development service for new and existing insurance brokers, has been joined by three brokers.
Biba’s Young Broker award opens for nominations
The British Insurance Brokers’ Association (Biba) is now inviting nominations for the 2011 Biba Young Broker of the Year award.
Antur acquires Haven Insurance’s Swansea office
Antur Insurance has announced the acquisition of the Swansea office of Haven Insurance Brokers.
New finance director at CCV
Cullum Capital Ventures (CCV) has appointed Bryan Park as finance director with immediate effect.
Insurance Age blog: Why brokers should defend Ricky Gervais
I’ve never found Ricky Gervais that funny. There I’ve said it. On the 11 o’clock show he didn’t over tickle me. And while The Office is good, I would argue, it is also hugely overrated.
RSA expects 2010 profits to approach £630m despite bad weather impact
RSA has announced the impact of adverse weather in November and December 2010 to be around £142m above normal levels with full year costs predicted to hit £255m.
Travel claims soar by 30%, according to Cunningham Lindsey
Claims International, the travel business arm of Cunningham Lindsey, has revealed that severe weather conditions led to a 30% increase in the number of travel claims handled last month.
SSP responds to OFT investigation
Software house SSP has responded to the Office of Fair Trading's (OFT) investigation of competition concerns surrounding Experian’s Whatif? Private Motor product.
Biba launches 2011 manifesto
The British Insurance Brokers’ Association (Biba) has launched its 2011 manifesto outlining its priority lobbying issues for the year ahead.
Insuring David Beckham
Following the news that David Beckham’s proposed loan move to Tottenham Hotspur was being affected by insurance issues, Manchester-based broker CBG group has calculated the insurance cost for the short-term loan as being a minimum of £300,000.
Simply Business targets £100m GWP
Simply Business, the online broker for small to medium sized enterprise business, has unveiled a gross written premium target of £100m by the end of 2012, up from £41m last year.
Government to crack down on uninsured drivers
The British Insurance Brokers’ Association (Biba) has welcomed the news from Transport Minister, Mike Penning MP, that new powers to tackle uninsured driving will come into force within months.
Biba renews call for Government action on spiralling motor insurance costs
The British Insurance Brokers’ Association (Biba) has again called on the Government to implement an eight point plan to reduce the spiralling cost of motor insurance.
Axa confirms Amanda Blanc’s start date
Axa has confirmed that Amanda Blanc will start as chief executive officer of its UK commercial lines business on Monday 14 February 2011.
Brokers increasingly optimistic, survey shows
The latest CBI/PwC Financial Services Survey has found that in the three months to December optimism in the insurance broking sector rose at its fastest rate in a year with 48% more firms positive than negative about the outlook.
Insurance Age blog: It's a numbers game really
If you've ever been lucky enough to pick up a copy of The Curious Incident of the Dog in the Night-Time you may already be aware of the door conundrum, generally known as the Monty Hall Problem.
Groupama appoints IFB analyst as counter fraud investigator
Groupama Insurances has appointed Marc Yeates in the role of counter fraud claims advisor.