Travel insurer Club Direct is believed to be the fastest growing travel insurer after almost tripling its amount of new business this year, according to latest reports from the company.
Low-cost direct insurers are increasingly snapping up a larger portion of the market, with the travel trade gradually losing its dominant grip.
In 1994, travel agents and tour operators held 84% of market premiums, but this has declined to 68% this year, according to analyst Mintel. The share of direct writers has increased from 5% to 15%.
The insurer's success is largely attributed to an aggressive pricing strategy, launched at the end of last year, coupled with the launch of an internet sales service.
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.
