Articles by Emmanuel Kenning
FCA fines drop to £214.3m in 2022
The Financial Conduct Authority dished out £214,250,056 in fines in 2022, the fourth lowest on record since the FCA was formed in 2013.
Higos adds 10 apprentices in Wiser Academy tie-up
Higos has taken on 10 college leavers as apprentices working with Wiser Academy to help build the next generation of insurance brokers in the South West.
Ataraxia and MVP rebrand as The Broker Investment Group
Peter Cullum-backed Ataraxia and Minority Venture Partners are rebranding to The Broker Investment Group, Insurance Age can reveal.
BGL Insurance to create 300 jobs in 2023
Markerstudy-owned BGL Insurance has committed to boosting its headcount by 300 people next year.
SRG spent £58.9m on buys in 2021
Specialist Risk Investments, which trades under the Specialist Risk Group brand, spent £58.91m on five acquisitions in 2021, a filing at Companies House has revealed.
Chris Haggart succeeds David Hopwood as CEO at Hedron Network
Chris Haggart, commercial director retail at Global Risk Partners, has been appointed CEO of Hedron Network.
Qmetric swings to loss
Policy Expert owner Qmetric Group Holdings has posted a post-tax loss of £9.99m as gross written premium broke through the £200m barrier.
FOS to maintain levy at £106m despite forecast increase in cases
The Financial Ombudsman Service has frozen its levy for the 2023/24 financial year at £106m stating that due to the current economic climate and the pressures that businesses are under there will be no increase for inflation.
Blog: Keeping on with the Broker Diversity Push
In his opinion piece in October 2016, Insurance Age’s columnist Tony Cornell asked why do so few women get to the top in broking?
AM Best downgrades Qatar Insurance Company ratings
Ratings agency AM Best has downgraded the financial strength and long-term issuer credit ratings of Markerstudy-affiliated Qatar Insurance Company to A- (Excellent) from A (Excellent).
Trade bodies back broker diversity campaign’s drive
The leaders of Biba, the MGAA and Liiba have reaffirmed their commitment to support increasing diversity in the market as Insurance Age launches the Broker Diversity Push – Gender Leadership Gap campaign.
Insurance Age makes benchmark and backing call to trade bodies in Broker Diversity Push campaign
Insurance Age has urged the British Insurance Brokers’ Association, the Managing General Agents’ Association and the London & International Insurance Brokers’ Association to investigate creating a broking industry benchmark and ways of working together…
Regular and rigorous measurement needed to improve gender leadership gap, says Sian Fisher
“There is a very good reason why all businesses have such exacting financial packs and that is because what gets measured gets done,” Sian Fisher told Insurance Age for our Broker Diversity Push – Gender Leadership Gap campaign.
Broker Diversity Push – Q&A with Ardonagh’s CFO Diane Cougill
In an exclusive interview with Insurance Age as part of our Broker Diversity Push - Gender Leadership Gap campaign, Diane Cougill, chief financial officer at The Ardonagh Group shares her insights from a firm that while it has a rising percentage of…
Gender gap stats no surprise but “crushingly disappointing” – Freedom’s Sam White
Sam White, founder of Freedom of Services Group, tackles the broking sector’s image, recruiting from other industries and the question of quotas as she shares her reaction to the gender diversity leader gap statistics.
Movo grows apprenticeship scheme
The Movo Partnership appointed representative network has expanded its apprenticeship programme taking on five new starters.
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.