Utley thought to be sole bidder
Neil Utley is thought to be in advanced sales talks with HSBC over its underwriting business, HSBC Insurance UK, which he is expected to put into run-off.
As revealed by Insurance Times last week, HSBC injected £80m into the business’s capital base following the departure of its senior management team and concerns over low reserves. Utley is thought to be the sole bidder for the business after HSBC rejected an offer fronted by Andrew Gibson, formerly chief executive of Highway, for being too low..
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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