The Institute of Risk Management elected Mark Butterworth as its new chairman last Friday at the Institute's AGM.

Butterworth said: "I am delighted to have the opportunity of leading the IRM at this important time in its development."

The IRM admitted last month that it was in financial trouble and would be making changes to its financial and strategic direction.

Butterworth, who was an IRM governor at the time, denied bankruptcy was imminent.

Members were asked to vote on whether the institute should carry on in its present form. The vote was carried with a majority in favour, said a spokesman.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.