The stories making the headlines this week

Advisers

Former Tesco and RAC chief executives Sir Terry Leahy and Debbie Hewitt have been brought in by private equity firms Carlyle and Clayton, Dubilier & Rice, respectively, to advise on their competing bids to acquire the breakdown recovery and insurance company.

Campaign

Roads minister Mike Penning unveiled the £1m, industry-funded TV advert to raise awareness of Continuous Insurance Enforcement, which will make it an offence from next month to keep an uninsured vehicle on the road.

Hire

Hastings Direct has appointed Tobias van der Meer as the new managing director of its broking arm Hastings Retail. He joins from comparison website moneysupermarket.com, where he is a managing director.

Regulator

The government published a consultation paper outlining the framework for the Prudential Regulatory Authority, which will be responsible for monitoring insurers’ soundness.

Cloud

Hundreds of flights were cancelled across the UK following the eruption of Iceland’s Grímsvötn volcano on Saturday.

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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