The ABI has warned that businesses face a 5% rise in insurance bills under plans to allow the NHS to recover some of the costs of treating victims of workplace injuries.
The ABI estimated that the plans would push up the cost of employers' liability (EL) insurance for the average business by 5%.
This comes at a time when EL premiums are currently rising by between 10% and15% a year, largely due to the increasing cost of personal injury claims.
ABI deputy director general Stephen Sklaroff said: “We all want to see a properly funded health service. But today's announcement is badly timed. It will add to the financial burdens on businesses, many of which are already feeling the pressure of higher insurance costs."
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.
