Zurich said its terms of business agreement (TOBA) would include the non-solicitation clause recommended in the joint ABI/Biba/IIB TOBA.
A Zurich spokeswoman said a draft form of the TOBA was currently with the IIB and Biba for comment, and would be released to the market shortly.
Market sources claimed that the TOBA contained a so-called 'Folgate clause', which would allow the insurer to approach customers directly in the event that the agency was cancelled.
Zurich said that the clause existed in an earlier draft but had since been changed.
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.
