Guy Browning takes a sideways look at insurance jargon

J is for

Joint and several - The passing round of a cannabis cigarette

Jumbo risk - Risk of death after eating street hotdog

K is for

Keyman insurance - Insurance for concert pianist's fingers

L is for

Lapse - Place profit falls into for brokers

Larceny - Indecent larking about by intoxicated salesmen

Latent defect - Discovering on the train that your pants are back to front

Lessee - Glaswegian pronunciation of famous film dog

Letter of indemnity - Sick note from mother to avoid nasty meeting

Levy - Counterfeit jeans made in China

Lien - Name of uncouth secretary

Lienholder - Broker who fancies uncouth secretaries

Life annuity - How children view their parents' bank account

Life assured - Feeling you get after a successful meeting with managing director

Life expectancy - Calculation you do before a meeting with the managing director

Limitation - Estate version of Limit

Line sheet - Marks you get on your face when you've slept awkwardly

Liquidation - What happens to your bladder before a meeting with MD

Living on top - Accommodation above the broker

Lloyd's Name - Lloyd obviously

Loading - The transfer of most of the buffet to your paper plate

Loading the premium - Taking all the curried eggs from the buffet

Loanback - Kind of horse with distinctive markings

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.

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