Insurers will not be able to use genetic testing to set premiums until 2010, it was revealed today.
A moratorium on the use of genetic testing by insurers, set in 2001, was extended for a further five years following negotiations between the ABI and the Department of Health.
The extension will help quash concerns that genetic testing of hereditary diseases will create an "underclass of uninsurable individuals," according to reports.
Genetic testing will continue to be permitted for insurers selling life insurance policies worth over £500,000.
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.
