The Department for Food and Rural Affairs (DEFRA) has clarified that the £150m increase in flood spending is not per year, as originally thought.
It is understood that there will be a rise in spend of £150m by the end of 2005. The yearly breakdown is not yet known.
ABI demanded a rise of £145m per year. A spokesman said that any increased spending is welcomed.
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.
