Skip to main content

Risk perspectives - Get rid of our compensation culture

An unwelcome 'cultural exchange' has been taking place between the US and the UK in recent years - a...

An unwelcome 'cultural exchange' has been taking place between the US and the UK in recent years - and, according to recent reports, it costs everyone in the UK £175 per year.

Compensation culture, the 'blame and claim' mindset aided by 'no-win,no-fee' legal agencies and ambulance-chasing lawyers in the US, has crossed the Atlantic and grown apace in the UK.

A study by the Institute of Actuaries published in the Daily Mail in December provided ample evidence and cause for concern. Britain's own

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Show password
Hide password

What does the 2025 Budget mean for insurance brokers?

On Wednesday afternoon, after weeks of speculation (and an unprecedented early leak by the Office for Budget Responsibility), the Chancellor finally revealed her second Budget. Tom Golding, PKF Littlejohn partner considers some of the main tax changes and what these may mean for insurance brokers.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: