Articles by Emmanuel Kenning
Stuart Forsyth describes 'hellish experience' as Upper Tribunal overturns fine and ban by ruling against FCA and PRA
Stuart Forsyth, the former CEO of Scottish Boatowners Mutual Insurance, has called on regulators to “learn from the errors they made in my case and work to restore the faith of regulated professionals” as the Upper Tribunal overturned his fine and ban.
FCA delays to approving c-suite broker roles slammed as outrageous
Compliance experts have advised brokers to add time into their recruitment plans for c-suite positions to account for “backlogs” in the Financial Conduct Authority’s approval process as one leading broker hit out at the “ridiculous” delays.
Arc Legal and LIM replace Das on Lloyds Banking Group’s home insurance LEI
Exclusive: Arc Legal Assistance and sister company Legal Insurance Management have won the race to provide family legal protection cover for Lloyds Banking Group’s home insurance customers under the Lloyds Bank, Halifax and Bank of Scotland brands, an…
Ever Given due to leave Suez Canal today after insurance agreement reached
MV Ever Given, which blocked the Suez Canal for a week in March, is due to leave today after a deal was struck between the UK P&I Club and the canal authorities.
FCA broker c-suite approval times soar with CEOs waiting 151 days for sign-off
The average time taken for the Financial Conduct Authority to approve CEO applications from brokers has nearly tripled from 57 days in 2019 to 151 days this year, a Freedom of Information request by Post has revealed.
Tesco Underwriting recruits ex-Saga and Broker Network boss Gary Duggan as interim CEO
Tesco Bank has appointed Gary Duggan as interim CEO of Tesco Underwriting and interim chief insurance officer of Tesco Bank.
FCA ‘Dear CEO letter’ warns brokers about client money amid concern of widespread non-compliance
The Financial Conduct Authority has issued a stark warning to brokers about client money shortcomings it has seen in the market stressing that it will take action.
Intelligent AI appoints ex-RSA leader Neil Strickland as CCO
Insurtech Intelligent AI has appointed Neil Strickland, former customer experience director at RSA, as chief commercial officer.
Google reveals FCA authorisation ad rule to target scammers
Google’s decision to only allow regulated firms to place financial services adverts targeting UK consumers has received a measured response from the Financial Conduct Authority, while a law firm has warned the devil will be in the detail.
Aviva tops inaugural ESG scoring index
Aviva achieved the best environmental, social and governance sentiment in the first quarter of 2021, according to a new benchmark from business intelligence firm Alva.
MS Amlin Underwriting appoints James Maxwell as interim CRO
MS Amlin Underwriting has recruited James Maxwell as interim chief risk officer to replace Vishal Desai who is leaving the company for personal reasons.
Samengo-Turner appointed Marsh UK specialty CEO as Moody moves to Guy Carpenter
Dominic Samengo-Turner has been appointed CEO of Marsh specialty UK and Ireland replacing Paul Moody who is moving to become UK CEO of Guy Carpenter.
CII AGM resolutions pass but organisation declines to hold no confidence vote
The Chartered Insurance Institute opted not to put two motions to members at its annual general meeting yesterday that called for a halt to the implementation of the 2016 strategic manifesto and for a vote of no confidence in CEO Sian Fisher.
Peter Blanc elected CII president
The Chartered Insurance Institute has named Aston Lark CEO Peter Blanc as president for 2022.
Interview: David Bearman, Aventum
Aventum CEO David Bearman explains the growth of the broking and underwriting firm to Emmanuel Kenning, tracing its route from a start up focused on retail UK SME to a global specialist and niche player that has plans to be a decade defining business.
Competitors see opportunities as Aon-WTW delay risks leaving the brokers in 'no man’s land'
Further delays to the Aon-Willis Towers Watson merger caused by the decision by the US Department of Justice to file a civil antitrust lawsuit to block the transaction will lead to opportunities to snap up staff and clients, according to UK brokers.
PIB presses 'pause' on recommending Hiscox to clients after Covid crisis response
PIB has hit pause on recommending Hiscox to customers but has not ended its agency with the insurer, Post can reveal.
Past presidents call on PFS members to vote against CII AGM proposals
Four past presidents of the Personal Finance Society are among those that have put their names to a website urging members to vote against elements of the Chartered Insurance Institute’s upcoming annual general meeting, as the rows over deregistering the…
Treasury Select Committee calls for fraudulent ads to be tackled in Online Safety Bill
The Treasury Select Committee has criticised the government for a “missed opportunity” to tackle fraudulent online adverts and prevent customers being scammed by fake financial products.
Covéa goes live with Iotatech policy platform
Covéa’s insurance-as-a-service platform developed with Iotatech has gone live marking the insurtech’s first rollout with a major insurer, Post can reveal.
Bermuda reinsurer Arch buys Arron Banks’ Somerset Bridge
Arch Reinsurance has struck a deal to buy Arron Banks-backed Somerset Bridge, snapping up the motor managing general agent, distribution arm, affiliated insurer and claims operation for an undisclosed sum.
Hiscox adds ex-Ageas and Brightside leader Mark Cliff to UK board
Hiscox has moved to strengthen the board expertise in its two UK legal entities with the appointments of Mark Cliff, James Illingworth and Jane Hayes as independent non-executive directors.
FCA Google Ad spending tops £2m in less than three years
A Freedom of Information request by Post has revealed that the Financial Conduct Authority spent over £240,000 on Google Ad words in the first four months of the year, taking the bill since 2019 over £2.1m.
A-Plan targets £1bn GWP within four years
A-Plan Group is aiming to break the £1bn gross written premium barrier within the next four years, CEO Carl Shuker told Post.