Management: Michael Wade became the firm’s executive chairman after buying 15% of Besso in April, making it majority owned by management. He teamed up with private equity firm BP Marsh to buy a 37.3% stake owned by US bank Wells Fargo.

Strategy: Besso is aiming to boost revenues – which were £27.9m for 2009, according to its last reported results – to £25m-£50m over the next five years.

Besso Holdings Branches


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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.