The biggest single compensation payout made to relatives of victims of the Marchioness disaster went to the family of the captain of the pleasure boat, it has emerged.
Stephen Faldo's family received £190,000 in compensation from Commerical Union, now Norwich Union, the insurer of the Marchioness.
Families of some of the 51 passengers who died in the collison between the pleasure boat and the dredger the Bowbelle were awarded only £3,000.
Those who challenged the payment in court received an average of £22,500.
The award for the captain, who was found partly to blame for the collision, was based on him leaving a widow and a son.
Most of the passengers were young and had no dependents.
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.
