Zurich Personal Services has become the second insurer this year, after Allianz Cornhill in March, to quit the £100m motorcycle market.
Zurich said it will stop writing motorcycle business for its current 40,000 policyholders under its Eagle Star brand from June 1.
The insurer earned £8m from the account last year but said it was concerned it was not making significant enough in-roads into the £100m market. The account's potential profitability was also a factor in its decision to quit, said Zurich spokesman David Swann.
Allianz Cornhill said it would handover the bulk of its 30,000 motorcycle policyholders to NIG from March 1.
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.
