11 May 2016
The Insurance Act 2015, which comes into force later this year, has a significant impact on the operation of your insurance policy, including your disclosure obligations towards insurers, warranties and fraud. It also impacts upon the remedies insurers may adopt in the event of your obligations not being complied with, therefore it is important to understand the key changes and the implications it may have on your policies.
The Act applies to all non-consumer insurance policies commencing on or after 12 August 2016, although many insurers intend to adopt the new regime in advance of this date.
Click here to download our briefing highlighting the key changes introduced by the Insurance Act and to understand the steps you need to take to comply with it.