Staff to choose between pay and bonuses or 300 jobs

AXA PPP Healthcare: The British health insurer has asked its staff to choose between a range of austerity measures — including an across-the-board 10% salary cut, a two-to-three year suspension of bonuses, a 10% increase in working hours with no pay rise, or 300 job cuts, the Times reports.

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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