TEn Insurance Services, the network for start-up commercial brokers, is pleased to confirm market rumours that it is looking seriously at other network models to add to its existing AR based offering, primarily designed for new brokers entering the the market.

TEn was first launched in February 2005 and has operated it initial network model successfully for five years.  The company now feels that the time is now approaching when other options should be added, both to broaden its appeal and to provide growing room for some if its earlier start-up broker.

Comments TEn director James Sharp, "In terms of a proposition for a new broker setting up, often coming out of an employee position with a larger broker, our current model works very well and always will.  Equally for the established member who has achieved a certain size of operation and seeks only to maintain it and/or never wants to become an employer, then the same applies.

However, it is not surprising after five years that we have nurtured a handfull of operations that have grown and whose aspirations for the future differ from the rest.  This is a rising demand that we have to accomodate from within the ranks of our ARs and, whilst we are doing that, we might well devise a solution that appeals to some established brokers and members of other networks."

TEn expects to make further announcements on this matter towards the end of the summer or in early autumn 2010.

TEn Insurance Services, the network for start-up Commercial Brokers, is delighted to announce that John Rusby ACII has joined its board of directors with effect from the 1^st February 2010.

John first joined TEn towards the end of 2008 and has since been primarily responsible for the founding and successful development of its in-house premium finance company, TEn Premium Finance Ltd (TPF).  He had spent the previous four years with Aascent Finance Co in a business development role.

John’s insurance career stretches back to 1973 when he commenced work for the Provincial Insurance Company in various sales and underwriting positions.  By 1989 he had progressed to become a branch manager in North London, The City and ultimately in Reading, at which point his employer had become Axa Insurance.

In the interim between Axa and Aascent, John was involved in the launch of an Underwriting agency, and a new foreign entrant, developing insurer relationships and establishing schemes and binders.  At TEn, John now becomes responsible for managing the continued operational growth of the company on a day-to-day basis.

Comments TEn director James Sharp, “Over the past 15 months John has accomplished great things with TPF in a very short time and earned the respect of all staff and network members during the process.  We know that he will make an excellent job of the role of Operations Director.”

Following the retirement of former Managing Director Kedric Rhodes, Malcolm Lee, previously responsible for Operations, now becomes Managing Director.