At the end of his first month in charge, Richard Ward, has announced his first initiative since being crowned chief executive of Lloyd's.

He proudly announced in a public letter to the market: "I am now proposing that Lloyd's moves quickly to implement a new approach to the contract documentation process which will improve efficiency and client service."

His attempt to grapple with the industry's major bugbear, contract certainty, has impressed most market leaders.

But it seems not all are as impressed.

One member of market efficiency pioneers, G6, grumbled: "This is actually a G6 project. We were going to put out a press release, but when we found out Richard Ward was sending out a letter, we decided to wait."

With little more than a passing mention in the penultimate paragraph, Ward has certainly stolen G6's thunder .

But a hastily written press release was sent out by the group within hours to acknowledge the chief exec's "full support".

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.

Topics