Independent Insurance's liquidators Pricewaterhousecoopers (PWC) have discovered three further reinsurance contracts put in place by chief executive Michael Bright, The Times reported this morning.
Last month Independent said it had found alleged reinsurance arrangements that were put in place by Bright without the knowledge of the company's directors.
Bright denies this was the case.
PWC now has knowledge of three more reinsurance arrangements by Bright, which are thought to have been reported to them by Ireco, a subsidiary of GE Capital.
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.
