Charles Philipps likes BIMBYs. But he doesn't like DUMBs. You would be forgiven for asking what the Amlin chief executive is on about. Well, BIMBYs are underwriters who maintain that the performance of their Lloyd's franchises is well above the market average. In other words, it's Better in My Back Yard.
DUMBs, on the other hand, are Dreadfully Underperforming Market Businesses.
Philipps is keen for DUMBs to bite the dust, reducing the burden on the big beasts...such as Amlin, naturally.
Backchat hears that Philipps is also keen on HOBOs (Having Our Bermuda Option).
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.
