Co-operative Insurance Society has posted a 70% increase in new motor business so far this year compared to the same period last year.
It claims its mutual status has enabled it to keep motor premium increases to just 10% compared to an industry average of around 20%.
Motor renewal retention rates are approximately 93%.
Derek Wood, CIS Motor Insurance Manager, said: “Our co-operative status offers real added value for customers. Because we do not have to generate large profits for shareholders, CIS customers experience the co-operative difference where it matters most, in their pockets and in the service they receive.”
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.
