Brightside chief executive Arron Banks has called banning referral fees ‘unrealistic’, in an exclusive interview with Insurance Times.

Former Justice Secretary Jack Straw has led a campaign to ban referral fees, with support of MPs.

But Banks said: “It’s not realistic. If you ban referrals, insurers will move to profit-based models that mean they don’t have a referral fee but own their own law firm. I don’t see what the difference is. It’s a storm in a tea cup.”

Click here to read the full interview with Arron Banks.

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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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