The floods might have the insurance industry running scared at the moment, but the recent action of a major insurer gives a whole new meaning to cautious underwriting.
The insurer refused to quote for a household policy for a property in CT10 and referred the enquirer to the floodline.
All well and good if it had been a flood risk area. However, the property just happened to be positioned on top of a cliff in Kent.
This follows news that car insurance in a village in Cyffylliog, Denbighshire on high ground has gone up 15 times the rate of inflation because it shares the same postcode as a floodprone town five miles away.
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.
