Lloyd's aviation department has been sold to Charles Taylor Group for £2.6m.
The second largest of its kind in the London market, it was sold off as part of the restructuring of the Corporation of Lloyd's, which began last year.
The aviation department was born in January 1960, and has since provided aviation loss adjusting and surveying services to the international insurance market.
John Rowe, Chairman of Charles Taylor Group, said: “This is a business we have studied and admired for some years now. It fits perfectly into CTG.”
CTG believes that the aviation division will flourish in its new home.
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.
