Book of business in run-off; Canopius scales down KGM
Chartis is the latest insurer to withdraw from private motor by putting its book into run-off, Insurance Times reports this week.
Chartis stopped accepting renewals from brokers last month. It also has a “very small” pipeline of direct motor and household, which is being put into run-off.
Meanwhile, Canopius has closed the Chelmsford claims office of its specialist motor insurer acquisition, KGM Underwriting Agencies, making all 12 staff redundant.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
No comments yet