First Speciality Insurance Corporation (FSIC) has been upgraded by AM Best from A (VII) to A (XV).

FSIC is a subsidiary of GE Global Insurance and an affiliate of Employers Reinsurance Corporation.

"This increased rating augments FSIC's existing A ("Excellent") rating and reflects our company's commitment to FSIC as a strategically important vehicle for our business strategies," said Louis Parker, president & chief executive of GE Commercial Insurance.

"We are delighted that Best would recognize FSIC's strong financial position as a nonadmitted carrier."

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.