Case of driver claiming £2m damages will go to the High Court

The Motor Insurers’ Bureau (MIB) is seeking imprisonment for a man who claimed more than £2m in compensation for a road crash, but got nothing after private investigators were put on his tail.

The MIB, which compensates victims of uninsured drivers, wants to make an example of Michael Richards, 30, from Milton Keynes, as it accuses him of trying to perpetrate a deliberate fraud on the justice system.

Along with his sister, Serina Richards, and his former foster father, Terence Alan Bassnett – who are alleged to have assisted Mr Richards in his bid to win a huge damages payout – he is being accused of contempt of court and the MIB is seeking jail terms for all three of them.

Now Lord Justice Toulson and Mr Justice Lloyd-Jones have granted permission for the MIB to take its case against the trio to a full High Court hearing, due to take place within the next three months.

The three are expected to deny the allegations. The case, one of the first of its kind to reach court, will be heard by two senior judges.

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.