The Federation of Small Businesses (FSB) has said it has welcomed the government's move to clamp down on claim farming companies that mislead clients into making unrealistic or fraudulent claims from their employers.
The FSB said it is concerned that a compensation culture is damaging the work of small businesses, stifling innovation and increasing insurance costs.
It said therefore, that it welcomes the proposed legislation that seeks to address this problem.
Carol Undy, FSB chairman, said: "This should bring some balance to a situation which can greatly damage employment relations and the entrepreneurial efforts of small business, but at the same time protect the genuine claimant."
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.
