What are the stories hitting the headlines this week?

Price

Ahead of the EU gender directive, which comes into play in December, car insurance premiums for women drivers climbed almost 1.1% during May on a month-by-month basis, according to the latest figures by price comparison website Tiger.co.uk.

Backtrack

Towergate has pulled out of the bidding for Cobra, according to an announcement on the London Stock Exchange. Cobra’s board revealed that talks were ongoing with Alto, which could lead to an offer for the company.

Restructure

RSA has announced a restructure of its global specialty business into three divisions. As of 1 June, all RSA regional specialty business will come under the Global Specialty Lines (GSL) division. GSL will now include: construction, engineering and renewable energy; marine; and risk managed business.

Bereavement

Chairman of Bradford-based insurance broker TL Dallas Group Colin Dallas has died at home after a long illness. Dallas was well respected in the business community, and he was well known for his high standards of professionalism and devotion to his clients.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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