Motorcycle specialist Bennetts kicked off 2004 by bucking a trend towards higher premiums.
It said its 11% drop countered criticism by The Motorcycle Action Group that insurers were hiking the cost of third party cover to generate bigger profits.
Bennetts director Matthew Gledhill said: "The figures from Bennetts prove that not all motorcycle insurance companies are putting up premiums year on year, simply to increase profits.
"Between January 2002 and December 2003 the average premium paid by a Bennetts customer for a new policy or a renewal has reduced by 11%."
Bennetts also offers advice to help motorcyclists, such as tips to prevent theft and advanced riding courses, both of which can cut premiums by up to 10%.
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.
