What brokers need to consider
With just a few months until the Insurance Act comes into force, Bruce Hepburn explains why brokers need to be clued up on its implications
The UK’s new Insurance Act 2015 is coming in to force in August this year, and will represent the most important change in law for the commercial insurance market in more than 100 years.
The Act aims to create a fairer legal framework for resolving claims that addresses some anachronisms of British insurance law. It also aims to encourage professional conduct across all parties in the insurance transaction. In short, the Act aims to make insurance reliable not only by making sure the rules are
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