Insurers could face multi-million pound directors' and officers' (D&O) claims if MG Rover collapses.
MG Rover's directors, the 'Phoenix Four', bought the company from BMW for £10m in 2004.
A D&O specialist told Insurance Times: "There will certainly be claims here if the Phoenix Four can be shown to have been negligent."
Industry insiders have named Marsh as MG Rover's broker, and AIG as one of its underwriters.
Marsh and AIG refused to comment.
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.
