Articles by Emmanuel Kenning
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.
UK General reveals plans to grow travel market share
UK General, has appointed Chris Chadwick to head up its travel underwriting team as it seeks to grow its market share in the UK travel insurance market.
New general insurance technology offering for intermediaries launched
Founding directors, Gregg Taylor and Neil Harkin, have launched What-Insure, a general insurance trading platform for intermediaries.
Number of fraudulent household insurance claims eclipsing motor, warns ABI
Home insurance is now the number one target for insurance fraudsters according to the Association of British Insurers (ABI).
Industry voices worries over VAT rise
Following the rise in the rate of Value Added Tax (VAT) and insurance premium tax (IPT) Peter Hayman, director at travel insurance specialist P J Hayman, has called for the standardisation of tax across all forms of insurance.
Simply Business aims to extend SME reach with new hire
Online insurance broker Simply Business has hired Underwired Amaze to develop an electronic customer relationship marketing programme.
Giles makes record buy despite fall in results
Giles has made the largest acquisition in its history despite experiencing a drop in turnover and earnings for 2010.
Product review: A comprehensive package for letting agents
This product has been reviewed by brokers and rated from one to five based on the policy’s key benefits.
Merry Christmas and a happy New Year
All the team at Insurance Age wish you a happy Christmas and peaceful New Year.
Only 5% of companies have adequate product recall cover, warns Cunningham Lindsey
Loss adjuster Cunningham Lindsey has announced a ten-fold increase in the number of product recall claims it has handled in the past year and warned that most companies do not have adequate cover in place.
Santa’s insurance cost falls to £25m, according to Aon
While Santa has been dusting off his sleigh, making sure the reindeer are in tip-top shape and asking his elves to put in overtime to finish off all the presents to make sure every child across the globe gets a present, Aon has been calculating the cost…
Business insolvencies fall in November but research shows North – South divide
The latest Insolvency Index from Experian has revealed that the rate of business insolvencies fell to 0.07% in November 2010, down from 0.09% in November 2009, with businesses in southern England faring better than their northern counterparts.
Upheaval at Westinsure
Rival networks have begun to circle Westinsure in the wake of a series of upheavals since its takeover by Ink Underwriting.
Cullum's Towergate shareholding to drop below 50%
Peter Cullum will lose his majority shareholding in Towergate Partnership as part of a new equity deal, Insurance Age understands.
FSA fines more than double to record £88m
The Financial Services Authority (FSA) handed down a record breaking £88.4m in fines in 2010 (to December 20), a growth of 154% from last year’s £34.8m, according to City law firm Reynolds Porter Chamberlain (RPC).
FSA confirms training and competence regime changes
The Financial Services Authority (FSA) has published final rules to strengthen training and competence requirements for all individuals carrying out customer facing regulated retail activities.
Ecclesiastical raises £40m in share issue
Ecclesiastical has announced it has raised £40m through a new share placing, its first since 2005.
Insurance Age blog: A year of progress at the CII
Once again the UK dissolves into chaos and anarchy, writes Alasdair Stewart, head of business development, general insurance, at the Chartered Insurance Institute (CII). No, not the student protests, but the snow.