The timetable for the introduction of the alternative business structures (ABS), also commonly known as the Tesco Law, has been delayed until the end of the year.
An SRA spokesman confirmed that the original deadline of October would now be pushed back because of delays in the parliamentary process.
The SRA is optimistic that ABS will be in force by the end of the year.
The ABS is known as Tesco Law because it will open up ownership of law firms to outside businesses, such as the supermarket giant.
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.
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