Lloyd's of London is to take legal action against
insurance brokers Benfield and Aon over their role in placing a policy which triggered a high-profile court battle between the London insurance market and six insurers last year.

Lloyd's is seeking £325m in compensation from the two brokers, according to a spokesperson.

Lloyd's General Counsel, Sean McGovern said: "We are now actively pursuing this claim through the courts. This is not a decision which has been taken lightly."

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.