Serious Fraud Office director Richard Alderman has pledged a lenient approach to facilitation payments – so long as companies are working towards eradicating them.

In an exclusive interview with Insurance Times, Alderman said he would not stick to the letter of the law – which comes into force on 1 July – so long as companies were moving towards compliance.

He said the process could take anything from 12 months to five years.

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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.