The Insurance Act six months on

insurance-law

Angus Duncan of Mayer Brown International examines how the Insurance Act is working in practice.

In the run-up to the Insurance Act 2015 coming into force last year, there was a great deal of speculation about what impact it would have.

For insurers of some lines of business, the Act represented an opportunity; if an insurer's policies previously included innocent non-disclosure clauses or similar language, the new remedies available under the Act could be attractive.

On the other hand, for other classes of business, the Act looked like it could present a problem, potentially interfering

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.

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

This address will be used to create your account

Arch goes live on Applied

Applied has confirmed that Arch Insurance has launched a specialist property owners insurance product on its commercial e-trading panel.

Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.