A replacement chief executive is being actively sought "internally and externally" for the Financial Services Compensation Scheme (FSCS) since Suzanne McCarthy decided to join the Office of Rail Regulation last month.

One internal candidate could be Richard Pratt, recently appointed as a non-executive director and the man investigating Gibraltar on behalf of the Treasury. Backchat was told that, since he has "fingers in many pies" at present and may not be able to work full-time, he may take the chairman's job. But an FSCS spokeswoman said the incumbent Nigel Hamilton will stay put "as far as I know."

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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