London market managing agency IGI Underwriting, part of the IGI Group, is to cease writing business for its £9 million accident and health book after capital provider CNA Re withdrew for the year 2000 account.
IGI Underwriting is the latest company to fall foul of the soft market. Last week DP Mann decided to pull out of motor and personal accident insurance.
"Due to a change in underwriting philosophy, CNA Re has withdrawn from accident and health underwriting agencies for the 2000 year of account," a statement for IGI Underwriting read. "As a consequence, IGI will no longer be seeking business on their behalf, but its other facilities remain in force. The group is now headed by Lloyd's consortium manager Compass Underwriting."
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.
