Condon and Lomas given prison sentences
Michael Bright, Philip Condon and Dennis Lomas were given prison sentences this morning following their convictions this week on fraud charges connected to the collapse of Independent Insurance.
Former Independent boss Bright was sentenced to seven years on each of the two counts of conspiracy to defraud. They will run concurrently.
Lomas, the company's former finance director, was given four years in prison on each of the two conspiracy to defraud charges.
Condon, the former deputy managing director of the insurer, was sentenced to three years on the single count of conspiracy to defraud.
The judge said the three would serve half their sentences.
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.
