Navigators & General, part of Zurich, has increased its third-party and passenger indemnity cover for both the yacht and motor boat policy and small craft policy from £2m to £3m.
The move is prompted by the rise in both the number and size of third-party claims caused by both higher compensation awards and the new level of damages for personal injury set by the Court of Appeal.
Although current maritime laws limit most third-party claims to below the cover generally provided by UK pleasure craft policies, these laws are also under review with the limits set to be increased to much higher levels by international agreement in the near future.
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.
