PRI's warranty and indemnity underwriting team will not be joining Brit as part of the companies' integration.
It is understood the team, headed up by the ex-special risks services underwriter Eddie Barnes, with Angus Ogg, Mary O'Neill and Ann-Catherine Grant, were told last week. Barnes will stay to complete the run-off of the business but will then leave, according to Brit.
Warranty and indemnity insurance represented around 1% of PRI's projected gross income for 2003. A Brit statement said: "After review, Brit has decided that warranty and indemnity insurance does not form part of its strategy and has withdrawn from this class."
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.
