NIG is to accept risk transfer in its new terms of business agreement, which will say that premiums received are to be held by the broker as agent of NIG, according to the insurer.

Brokers will be required to keep the premiums in a designated trust account, but NIG said it accepted that

co-mingling would take place until there was further clarification .

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.