Insurance company Royal London is to change its membership requirements to deter potential carpet-baggers.
The insurer, which has one million members and funds approaching £30bn, has stated that, from July 1, applicants for new policies will not be entitled to any compensation for loss of membership that may possibly arise if it was to demutualise within three years of the policies commencement.
Royal London said: “The measures are being taken to avoid any disruption to the business brought about by speculative buying of policies, so that the company can uphold standards of service to existing members and customers.”
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.
