CGU has launched a scheme backed by the Government to protect tenants' deposits.
It offers two different methods of protection. The first option a small premium is paid by the landlord to protect deposits on behalf of their tenants. An independent ombudsman is appointed if a dispute arises over the return of a deposit before payment.
Or the money can be put in a special Nationwide Building Society account and can only be withdrawn when the landlord and tenant agree.
Five areas have been chosen to pilot the scheme – the London Boroughs Brent and Camden, Birmingham, Brighton and Hove, Merseyside and Norwich.
The scheme will be piloted for two years when it will be reviewed by the Government to see if it should run on a national level.
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.
