What is one option that an insurer has in the ever-crowded, soft market on earth? Why, look for business on other planets, of course.

Bupa is reportedly contemplating the space tourism market.

It comes on the back of Russian cosmonauts, who have already taken tourists up into space.

Richard Branson’s Virgin Galactic is also due to start taking paying passengers into space in 2009.

Backchat now wonders whether, with the majority of the $200,000 ticket price going towards third party insurance, the next giant leap for mankind will be alien abduction insurance?

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.