Insurance Notes

Brexit - Implications for insurance intermediaries

Following the UK referendum on EU membership, businesses have no alternative but to prepare for the UK's exit from the EU. Our "at a glance" guide …

Insurance Act 2015 comes into force today

Today marks the day that the Insurance Act 2015 (the "Act") comes into force.  This is the most significant reform of UK insurance law in over 100 …

Better rights against insurers of 'insolvent' entities – finally here

A key question in any litigation is whether the defendant can satisfy a judgment.  Where the defendant is both insolvent and insured a further issue …

Getting insured values wrong under the Insurance Act 2015: can insurers avoid the policy, apply average or even 'double-dip' with proportionate remedies?

Property and business interruption insurance policies commonly include an average clause permitting the insurer proportionately to reduce the value of …

New right for policyholders to claim damages for late payment of insurance claims

The Enterprise Act 2016 ("the Act") received Royal Assent yesterday. Among other reforms, the Act changes English law's approach to remedies for late …

Insurance & Reinsurance Disputes Annual Review 2015 published

High Court construes "in any way involving" in liability policy

The High Court has held that the words "in any way involving any act, error or omission" before a certain date in an exclusion clause in a professional …