'Never a lender or a borrower be' - advice being eschewed by insurers and brokers as they make secret multimillion-pound loans

• Insurers are lending huge sums to brokers for favourable investment returns

• Deals are often veiled in secrecy and many are bound by confidentiality clauses

• The FSA currently has no arrangements in place to monitor potential conflicts of interest caused by these loans

Click on the related file (right) to download a pdf and read more from this week's Insurance Times investigation.

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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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