One of London's most famous department stores, Selfridges in Oxford Street, has been hit by a fivefold increase in its insurance premium since 11 September.
Selfridges' finance director, Peter Williams, said the store's insurance premium, which was renewed last month, had soared to £1.9m from £400,000 last year. He said he hoped the premium, which covers property damage and business interruption, would fall again "depending on world events".
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.
