Chancellor Gordon Brown has given in to industry demands for better funding of flood defences.
According to sources, flood defence spending will increase by £150m per year under the new Comprehensive Spending Review. The Association of British Insurers lobbied for an increase of just £145m per year.
A total of £394m had been pledged for flood and coastal defences, according to The Department for Food and Rural Affairs.
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.
