A Fanfare for 70

TEn Insurance Services is pleased to announce that it's network membership has now reached 70, up 20 since the begininning of 2011.

Comments TEn director James Sharp, "Although we started the year with 50 members, during these difficult economic times we have seen about 10% of that original number fall by the wayside during the course of the year, typically to seek employment again.  I fear that 2012 will not prove any kinder to some, but for others, the impetus to go it alone and opportunities to succeed are still there.

Consequently, we have actually added 25 and reached our target of 70 brokers just in time for Christmas.  Phew!"

65 - and counting

TEn Insurance Services is pleased to announce that it's network membership is now passing 65, up 15 so far since the beginning of the year.  

Comments TEn director James Sharp, "We reached 50 members back in early 2009.  During the rest of 2009 and 2010 the recession forced a number of earlier start-ups to seek employment once again, meanwhile a handful of others grew beyond our AR model to become directly authorised brokers. Consequently, the overall membership number did not grow at all throughout the period, although a steady number of new brokers continued to join during this time.  

By way of a contrast and right from the outset, 2011 has seen a marked surge in interest and signings, whilst the departures - for whatever reason - have subsided to a handful.  This trend makes us completely confident that we shall reach our target of 70 members by the end of the year."

Amongst the recent recruits to the TEn network are three new brokers in Scotland, which doubles the company's precence north of the border.

CII & BIBA

TEn Insurance Services is pleased to announce that it has both signed the Aldermanbury Declaration in support of professional standards within the insurance broking industry and joined BIBA on behalf of all of its network members. 

Whilst TEn has always been a member of the IIB, the addition of BIBA membership reflects its support for both trade associations in their struggle to gain a 'fair deal' for brokers in respect of FSCS compensation scheme levies.  It is also indicative of the growing maturity of the TEn network and its member brokers.

Comments TEn director James Sharp, "Although we are primarily known as the network for start-up brokers, the reality is that the majority are now maturing to the point that they are now looking to us to provide network benefits beyond those that simply enable them to establish an independent existence.

Gaining for them the ability to associate themselves with either the IIB or BIBA or both - at no additional cost - has been warmly welcomed."