Underwriting Risk Services (URSL), the specialist yacht, marine trades and fine art insurer, is to increase its single line limits on its leading specialist lines.

URSL will be doubling its fine art limit to $40m and its yacht limit will rise to over $58m.

Nicholas Hales, managing director of URS said: "This is a very significant step forward for the URSL business model and our all-important client service capabilities.

"The increased limits take URSL to a completely new level within its niche marketplace. Together with a number of other developments on the product and service sides which we have in the pipeline, we look forward to this being an exciting year for URSL."

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.