I was interested to read the article,  “Insurers counter lure of authorities’ mutuals” (News, 1 November)), which  correctly highlighted the growing threat of mutuals to the traditional insurance market’s dominance of the local authority sector.

Clearly the likes of Zurich, St Paul and AIG have become so concerned by reductions in their share of the market in this sector they have resorted to offering the  authorities “special deals” to prevent them from straying.

But what are these special deals? Are they in fact just cheaper deals? If that is the case (and knowing the insurance industry’s complete lack of ability to innovate) – and I suspect it is – then surely this is just capitalism at  play?


Yours

Ed Rogers
Nairn

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.

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