IIB director general Andrew Paddick called for the wholesaling of insurance to be made a special permission under FSA regulation. "There have been countless, problems with wholesale insurance providers," said Paddick.

  • Cox chief executive Neil Utley said the company would have to look at its relationships with underwriting agencies and internal controls on its lending business, following Tribune's collapse.

    • Cox said its profits for the current financial year could take a hit of up to £4.5m but Utley said he did not anticipate a major change in company business practices.

    Cox said its premium finance subsidiary, Can Do Finance, had some 26,000 outstanding loans with Tribune customers. It has offered Tribune policyholders free cover. As long as Tribune customers kept up their direct debits they would be covered by valid policies.

    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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