Insurance Post

Public bodies forced to self-insure due to government cost cutting

Ocado's stunted listing compounds UK's faltering IPO market

The government is pushing public bodies to dramatically cut their commercial insurance costs, a Post investigation can reveal.

A Freedom of Information request by Post has revealed that Network Rail spent 61% less on insurance last year than they did in 2015, from £87m to £34m in 2016. The body said it is now self-insuring

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@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.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 Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

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 individual account here