Brit Insurance chief executive Neil Eckert has boosted his shareholding in the company to 931,209 shares after spending £35,800 last Friday.
Brit managed to turn around a first-half year loss of £13.7m to return a full-year profit of £1.5m. It said the absence of major catastrophes from its reinsurance portfolio was an important factor in the results.
Brit has made two new acquisitions recently. Last week, it struck a deal to boost its holding with Ebix.com, which will result in Brit owning 38% of the American internet insurance software provider for $4.2m (£2.9m).
In March, it upped its stake in telephone insurance broker People's Choice from 27% to 82%.
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.
