A series of test cases start next week in which the outcomes could send motor insurance premiums rising by up to 10%.
The cases have been triggered by a 1998 report by the Law Commission
recommending general damages should be increased by at least twice their current rate.
Analysts are forecasting £500 million a year in claims costs for the motor market, which will also mean £1 billion of backlog claims.
Commercial liability premiums may also see a rise of 20-30%.
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.
