Corporate risk management consultancy ISS Group warned that fraudulent activities could increase following certain countries becoming EU states. The consultancy said this would negatively impact on the insurance industry.
ISS chief executive John Wick said: "The insurance industry is increasingly at risk from clever and well executed frauds. Premiums for financial institutions could rise to counter the increased risk. While underwriters do go to great lengths, the task will be more onerous as new EC countries have different regulations."
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.
