Insurers and brokers wanting to expand in emerging countries are facing a stark choice: break the Bribery Act or walk away from business

• It is difficult to do business in Russia and China without breaking the law, as corruption is so endemic

• The new Bribery Act will mean directors face up to 10 years’ imprisonment if staff are caught in breach of the rules

• It will be a challenge for Lloyd’s to operate strictly within the act when it opens its Moscow office this year

Click on the related file (right) to download a pdf and read more from this week's Insurance Times investigation.

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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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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