Record Budget profit

The BGL Group (formerly the Budget Group of Companies) announced another set of record profits and substantial growth for its financial year July 2006 to June 2007. The group delivered a pre-tax profit of £43m, up 93% on the previous year, which had also been a record performance.

Oval buys PMI broker

Oval acquired PMI broker United Medical Services based in Bristol and Lancashire.

Advent profit up 50%

Lloyd’s insurer Advent Capital reported profit up 50% to £12.9m in its third quarter results compared to £8.2m in 2006. Gross premiums written were £115.6m (2006: £105.9m).

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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