Articles by Emmanuel Kenning
CPI inflation rate creeps up to 3.2%
The Office for National Statistics has revealed that the consumer prices index rate for October crept up to 3.2% from 3.1% in September.
Markel expands trade credit division
Markel International has expanded its trade credit division with three appointments and cited strong demand from a diverse range of brokers.
Groupama appoints personal lines development underwriter
Groupama Insurances has appointed Julian Abson in the role of development underwriter for its personal lines motor account to develop business through its panel of intermediaries and strengthen relationships with broker partners.
Former Oval and Marsh MD Pepper returns with Momentum
Momentum - a support and development service for new and existing brokers - launched this week with Howard Pepper, a former MD at Oval and Marsh as managing director.
TEn unveils new flexible model
Commercial broker network TEn Insurance today unveiled its new operating model in a move designed to broaden its appeal, attract larger more established brokers and give existing members room to grow.
PB Week: Running the New York marathon
Seemed a good idea at the time... both entering the New York marathon, and saying "sure I could do a blog while out there", writes Marc DonFrancesco, group head of marketing at Towergate.
Inflation to stay above 2% for all 2011, says Bank of England
The Bank of England’s latest quarterly Inflation Report has stated inflation is unlikely to fall below 2% before 2012 due to the upcoming VAT increase and rising import prices.
Markel International expands D&O offering
Markel International has launched three new products to expand its directors and officers offering and brokers should also be aware it has altered the existing D&O wording.
Aon Q3 results show 8% fall in UK broking revenue
Aon has announced that income from its risk and insurance brokerage in the UK fell 8% to $148m for the third quarter of 2010 [Q3 2009: $167m].
Axa's UK personal motor revenues up 35% in first nine months 2010
Property & casualty revenues in the first nine months of 2010 were up 0.7% to €21.4bn across the group at Axa. The UK & Ireland saw a 1.4% increase compared to the same period of 2009 to €3.2bn.
PB Week: Learning with the young
Recently my 14 year-old nephew came to the CII for a week's work experience, writes Alasdair Stewart, head of business development, general insurance, at the Chartered Insurance Institute.
Insolvency rate for UK business hovering at 0.08%
The latest Insolvency Index from Experian has revealed an overall improvement in insolvency rates since early 2009.
GDP rises 0.8% in Q3
The UK’s gross domestic product increased by 0.8% in the third quarter of 2010, according to figures released by the Office for National Statistics.
NIG appoints two underwriting managers
NIG has appointed two new underwriting managers for their motor trade and property owners lines of business.
PB Week: The web and the great cross-sell, up-sell conundrum
The quest to up-sell features and cross-sell products is one that has always troubled heads of sales, writes Peter Dunkley, marketing director at Total Objects.
Quinn bidders fear outstanding claims, according to reports
The Irish Independent has reported that several of the five bidders for Quinn are reluctant to buy the whole company fearing the outstanding claims and liabilities caused by previous management.
Spending Review 2010: AA disappointed at drop in flood defence spending
AA Insurance has voiced its concern that spending on flood defence will not be maintained at current levels.
Spending Review 2010: Forum of Private Business voices job creation worries
The Forum of Private Business has reacted to the “tough choices” faced by the coalition goverment in implementing “painful public spending cuts for many small businesses as well as the public.”
Spending Review 2010: Survey reveals business confidence split
Some small business owners’ are more pessimistic about the future because they fear the impact of imminent public spending cuts, according to new research from the Forum of Private Business.
Willis develops group mining practice
Willis has brought the leaders and teams of its main mining businesses under one umbrella to create a worldwide group practice, reporting to Steve Hearn, London-based chairman of global markets international.
Transactor announces expansion plans as turnover rises 22%
Software provider Transactor has confirmed plans to grow from 55 to 200 brokers by 2016 as it announced an increase in turnover of 22% to £4.5m for the year ending March 2010.
PB Week: A month in the life; Earle's September
This year has involved some work on foundations of the business - to get us ready to grow even faster in the years ahead.
Entertainment broker banned for £89,000 overcharge attempt
The Financial Services Authority has banned Paul Cable, director of Media and Entertainment Insurance Services, from acting as an FSA approved person for at least two years for attempting to overcharge a client by £89,000.
LMA warns on proposed regulatory system
The Lloyd’s Market Association has argued that the proposed regulatory system for the UK is being created around the banks which will make it over-engineered, unsuitable and unjustifiably costly for the general insurance industry with Lloyd’s brokers…