The announcement that the compensation culture is costing the UK insurance industry £10bn a year in legal fees suggests to me that the first step in equalisation of the world economies should be a return to the law of negligence.

This would include damnum sine injuria, also feasance and non-feasance, for liability insurance and would help by putting an end to the belief that "if you've had an accident, you've got a claim".

John Lynch
IAS

Letters intended for publication should be sent to: Insurance Times, 30 Cannon Street, London, EC4M 6YJ f: 020 7618 3499 e:
letters@instimes.co.uk

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.

Topics