Companies involved in mergers, acquisitions and buyouts need to be far more progressive in their risk management analysis, according to Greg Collins of Aon Risk Services.
Collins claimed that 30% of management buy-ins and 20% of management buy-outs are now in receivership; with half of all mergers and acquisitions also ending in failure.
"For many businesses, failure may not mean total collapse," said Collins. "It will take the shape of a face-saving merger or sale. The number one cause is generally the failure by management to consider the cultural differences in the integration process."
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.
