The insurance industry continued to shed jobs this week, with Swiss Re’s announcement that it plans to cut 1,150 jobs and NU’s decision to slash 1,100 workers from its life arm. Stefan Lippe, New Swiss Re’s chief executive, announced the cuts as part of his 90-day review of the business, which announced a £500m loss in February. He also announced the appointment of Agostino Galvagni as chief operating officer. NU said the cuts were part of its ongoing efforts to simplify its life business and increase efficiency.

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.