The Financial Service Consumer Panel has rejected the Treasury's proposal to implement CAT standards, saying they were likely to do more harm than good.
The 13-strong panel believes the standards are set too low and that they are to open to differences in interpretation.
Instead, the panel has endorsed the government's proposals to bring long-term care insurance within the remit of the Financial Services Authority.
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.
