TEn switches to employee ownership

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TEn Insurance has converted to employee ownership in a move it explained was designed to guarantee staff a greater stake within the business and "cement"  independent status for the future.

James Sharp, director at TEn, detailed the steps involved in the transformation and the philosophy behind it exclusively for Insurance Age last year, and the confirmation has been made to coincide with Employee Ownership Day.

TENT
The firm is moving to an 'indirect ownership' model this month, whereby an

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