Lloyd's chairman Sax Riley is getting very annoyed with publicity surrounding the proposed changes to the 314-year-old market, Backchat hears.
The recommendations, which propose three-year accounting and that an end be brought to unlimited liability Names, have now become known worldwide as "The Bain Report".
But Riley is said to be frustrated that management consultants Bain & Co are taking the full glory. After all, he came up with the plan to modernise the market, creating a 17-strong team in April to discuss the way forward. Meanwhile Bain & Co contributed a mere two people to the cause.
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.
