Hardy is looking to increase its presence in high-value industrial property insurance.

The Lloyd's insurer plans to develop its direct and facultative property account in 2006 following the recruitment of a specialist underwriter.

Jamie MacDiarmid, finance director at Hardy, said: "This is a class of business that has generated a significant proportion of Lloyd's profit over the last three or four years.

In light of hurricane losses, which totalled £20.8m, Hardy made pre-tax profits of £7.5m in 2005. Combined ratio was 92.7%.

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.