This is an improvement of 7% since it last published figures. The average pay out was nearly £80,000.
Roger Edwards, proposition director at Bright Grey said: "Bright Grey is continuing to make big strides to compete with the established players in the market. Those claims not paid for non-disclosure, the topic that often attracts significant industry attention, are less than 2.5%. This is one of the best in the industry and is much better than others who have a claims book much older than our own.”