Brokers should have fewer insurers on their panels, according to senior industry figures. Speaking at the conference, Ken Davie, managing director of JW Group, told delegates: "We use far too many insurers at the moment. There should be a natural trend towards reducing the number of insurers".
Colin Calder, of the CII's faculty of insurance broking, agreed. "Tied arrangements are an essential part of brokers' role," he said.
But Martin Oliver, managing director of Kwik-Fit Financial Services, disagreed: "I am sceptical of a tied or limited panel approach. In fact, we are increasing the number of insurers on our panel". Oliver emphasised that panel size would naturally vary, with high-volume personal lines necessitating a larger panel.
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.
