Eight underwriters at Reliance National Insurance (Europe) have lost their jobs – one month after the insurer placed itself into voluntary run-off.
The decision was taken on January 15 by Reliance National's US parent, Reliance Insurance Group, which has accumulated debts of £315m.
Carl Bach, managing director of Reliance National in the UK, said: "Those made redundant have received financial packages and any that have encountered difficulty in finding other jobs have been offered jobs administering the run-off."
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.
