In this edition of the Knowledge, we explore the growing need for risk management in SMEs and the many opportunities this creates for brokers and insurers

Now more than ever SMEs need risk advice. Business development has become a high stakes game, as unprecedented technology-driven change coincides with an economic backdrop propelling expansion beyond Europe.

Brokers that serve risk management advice alongside their insurance expertise are doing business owners a big favour. The two-in-one combination is a winner because directors need protection against complex new exposures at an affordable price, enabling them to focus on running their business.

The UK government has pinned its hopes for recovery on small and medium-sized enterprises. Commercial brokers have a big role to play in supporting that growth.

Liz Bury, Insight & Data Development Editor

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.