ABI suspects arson attempts fuelled by recession
The ABI says insurers have faced a spike in property fire damage claims and that customers are using arson to raise cash to ease their money worries during the financial crisis.
The association says that there has been a “suspicious” jump of more than a fifth in fire payouts over the past two years, including a sharp rise in £500,000-plus claims from commercial building fires.
Commercial fire claims among ABI members have risen more than 20% to £444m over two years.
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.
