The FSA said it welcomed government efforts to cut regulations costs in its response to the Pre-Budget report.

The review of the Financial Services and Markets Act 2000, the FSA said, “picks up on the business priorities we have set for ourselves, and three key outcomes”.

FSA chairman Callum McCarthy said the key was creating markets that were “efficient, orderly and fair”.

Regulation came at a price and the cost could fall disproportionately on small firms, said McCarthy. The FSA would be aiming to reduce costs for those businesses most seriously affected.

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.

Topics