FSA to test crime systems

The FSA will make targeted visits to 200 mortgage intermediaries to assess their financial crime systems and controls. Other measures to help tackle mortgage fraud include better information sharing and intelligence analysis in the industry. Increasing mortgage fraud is expected to lead to higher PI premiums for surveyors.

Synergy’s first buy

Synergy Plus Group made its first acquisition this week. The new broking group bought Bradford-based CUS Underwriting for £6m and is targeting brokerages with a £0.5m-£1.5m annual turnover as part of its expansion plans.

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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