Experian study finds static % of insurance business population failing
An Experian study has found the number of insurance firms becoming insolvent in October has fallen from 18 in 2009 to 6 in 2010, though the percentage of the business population failing has remained the same at 0.13%.
The wider study by the information services company found 1,635 UK businesses failed last month, 17% fewer than the 1,976 insolvencies recorded in October 2009.
Max Firth, managing principal of pH, an Experian company, said: “It is encouraging that the business population in general is faring better in terms of insolvencies than this time last year, despite mid-market failures increasing in October."
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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