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TEn Insurance now owned by employees

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Firm says completing the move to employee-ownership trust will benefit all staff.

TEn Insurance has completed the process of moving to an employee-ownership trust (EOT) model which it said will allow all of its staff to share in the firm's success.

The holding company of TEn Insurance Group, TEn Operation Services and Holdings Limited (TOSH) is now almost 70 per cent owned by an EOT called The Enterprise Network Trust.

TEn Insurance announced in July, that it would become majority owned by its employees.

Transition
Malcolm Lee, managing director, founder and a former major

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