Insurers dismiss ‘Toba turmoil’ worries

Contract being signed

Insurers say they are “comfortable” with Toba changes but they are not all working to the same deadlines for Insurance Act changes.

Insurers have insisted that they are prepared and ready for the Insurance Act and the changes it requires for Terms of Business Arrangements (Tobas).

QBE said it was "comfortable" with the deadline of 31 December 2015 which it set itself while Axa insisted it was "well-prepared" and "working to the date that the changes come into effect which is 12th August 2016".

Experts warned last month in Insurance Age that Tobas may not be being altered early enough to accommodate the changes required under

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

You are currently unable to copy this content. Please contact 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


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

Already have an account? Sign in here

This address will be used to create your account

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: