The FSA has finalised an instalments plan for payment of regulatory fees.

The regulator has liaised extensively with an industry working group to secure “significantly favourable terms for the industry with reduced rates compared to last year and with a guaranteed automatic acceptance to all FSA authorised firms”, according to Graeme Ashley-Fenn, FSA director of contact, revenue and information management.

The working group has chosen Premium Credit Limited as the preferred supplier as its terms and conditions were by far the most favourable and it has proved that it can run such a scheme extremely efficiently.

Alternatively, firms can make their own arrangements directly through other credit providers.

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.