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The Tentacle

The Think Pieces

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TEn Top Tips for Creating a Compliant Promotion

Promotions are a great way to get your business and products noticed and can come in many forms from flyers to digital adverts across the internet. As with any advertising, you must ensure everything you do is compliant. We have put together our top tips to keep in mind when creating your promotion below. 1. Think about your target audience. Define who they are, perhaps creating prospect profiles for specific products. 2. Make sure your information is easy to understand. It needs to be sufficient,…

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Frequently asked questions

When a Broker contacts TEn, they, of course, have a number of questions they would like us to answer. We have compiled some of the most frequently asked questions below. What does it mean to be an AR? An Appointed Representative is a person who undertakes regulated activities as an agent of a firm that is Directly Authorised and acts as a Principal. In this case we, TEn, are the Principal. What level of experience/ qualifications do I need to be accepted by TEn? At TEn we want to ensure both we…

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Continuing to build your digital presence post lockdown

Over the last few months, our reliance on digital forms of communication has become undeniable. Although this was, for many, a forced shift and face to face interactions are now likely to be valued far more than we before realised, there are still some things we can take forward from this period and incorporate into the way we work and communicate and present our businesses in the future. For some not previously using digital forms of Marketing and communication extensively, the strict lockdown…

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TEn Top Tips for Social Media Success

Promoting yourself and your products on social media is a great way to get yourself noticed, and what’s more, it doesn’t have to cost you anything at all. Spending just a little time can bring some big rewards. We have put together our TEn Top Tips for Social Media Success below 1. Find the platform for you. Find the social media platform that you will get the most success from. Specialise in high-end cars? Maybe Instagram will be your go-to. More of a B2B broker? Then LinkedIn is probably for you.…

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The Hardening PI Market

Life is getting tougher for brokers in PI and Construction as premiums shoot up, says James Sharp for Insurance Age - October 2019. On seeking editorial guidance regarding the current topics of broker interest about which I could comment, I discovered there were two. On the one hand, what one might refer to as Sexism in the City and, on the other, the loss of appetite or capacity in certain parts of EC3. I landed the latter one, which is probably just as well. It was the late 90s when the market…

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Why do you need to do CPD hours?

As a professional, it is important to continue learning, no matter what level of qualification you reach. Further to that, it’s a regulatory requirement. Introduced early in 2018, the relatively new directive means you, plus any other advisors you may employ, must complete a minimum of 15 hours learning time if you don’t have any Insurance qualifications. If you do, it’s a minimum of 35, with at least 21 of those being structured. What counts as structured? Webinars/Seminars Courses – either online…

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Breakin’ Up is Hard to Do

TEn Director, James Sharp, shares his opinion on Brexit Originally published in Insurance Age 8/11/18 Breakin’ Up is Hard to Do The immortal words of Neil Sedaka have, perhaps, never achieved the same level of fiscal poignancy as now they do, thanks to Brexit. A messy divorce might be similar I suppose. So, what can we glean from this? That the lessons of a broken marriage on subsequent relationships should recommend the romantic equivalent of a Trade Deal, rather than returning anon to the path…

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Cyber Attacks & Ransomware

Earlier this year TEn was the subject of a Cyber Attack of broadly the same sort as that which seriously affected thousands of organisations across the globe on the 12th May. Although the hackers found a ‘chink in our armour’ – which ideally should not have been there – we were fortunate to have further levels of distribution and redundancy behind our front-line defences. In our case, the Ransomware encrypted the Word, Excel and PowerPoint files on our servers, but could not reach our emails on…

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The lesser evil... increase IPT!

The FSCS, the consumer’s compensation scheme, was hijacked on the eve of the Tory conference last year as a means of brushing under the carpet £14bn worth of Bradford & Bingley’s questionable assets and turning them into a debt owed to the government at some future date. Since then, we have seen Icelandic meltdowns and goodness knows what else; much of which has been covered by the political fig leaf of the compensation scheme.  Contary to popular misconception, the FSCS is not some big ‘fund’ in…

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