Commenting on the report from the National Audit Office (NAO) on the FSA, Stephen Haddrill, director general of the Association of British Insurers, said: "The NAO has confirmed that the FSA has been moving in the right direction, particularly in its work on financial education and the shift to principles-based regulation.
"In many respects the FSA is leading the way as a financial regulator, both within the EU and beyond. This is especially important as we get close to the Solvency 2 Directive in the EU. This report is a further useful push in the direction of risk-based and outcome-focussed regulation."
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.
