Council saves £68,000 scrapping terrorism cover
Bexley council has dropped its terrorism insurance policy, saving £68,000.
The council first bought the cover in 1992, but now considers the chance of an attack so remote it has scrapped the policy. Bexly has built up an insurance reserve of £3.9m to pay for an attack.
A spokesperson for the council said: “The decision whether to insure against terrorism has always been difficult because of the unpredictable nature of terrorists activities. Bexley is not considered a specific target as there are no iconic buildings, major transport facilities or high profile institutions in the borough.
A survey last year found that only three London boroughs were without a terrorism insurance policy.
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.
