Hastings’ chairman Neil Utley is 462 on Sunday Times Rich List but Admiral boss Engelhardt leads the pack
Hastings’ chairman Neil Utley is worth a cool £160m, according to the Sunday Times Rich List.
Utley made £13m from the sale of Equity Insurance in 2006 and then snapped up Hastings for £24m. A planned £500m float would considerably boost his wealth, the Rich List says.
He was put in the shade though by Admiral founder Henry Engelhardt who led the Rich List with a net worth of £528m. Esure founder Peter Wood closely followed behind with a net worth of £500m.
Towergate founder Peter Cullum is not far behind the duo, clocking in with a net worth of £450m.
Other notable names included:
- Former Swinton owners Brian Scowcroft and Janet Lefton, now in property, valued at £160m. They made £150m from the Swinton sale.
- BGL founder Douw Steyne, £420m
- David and Heather Stevens, Admiral, £137m
- Clive Cowdery, Resolution, £120m
- Andrew Goodsell, Acromas, £120m
- John Charman, Lloyd’s, £102m
- Angus Ball, Sabre, £95m
- Grahame Chilton, Aon Benfield, £95m,
- Keith Morris, Sabre, £95m
- Hayley Parsons, GoCompare, £95m
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.
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