New India Assurance is launching a product to cover care homes for the elderly.
The insurer also said it would be opening a desk at Lloyd's to write treaty reinsurance business.
Chief executive KG Arora told Insurance Times that the Lloyd's desk would begin operating "shortly" with one underwriter. He would not comment on the amount of business the company expected to write.
On the care home product, Arora said the product would complement the company's care product for the non-elderly. He added that the insurer was looking to expand its broker base in the course of the year.
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.
