For the first time in over a century the UK insurance law has been overhauled to bring it up to date with the evolving business landscape and insurance industry requirements.
Our handy guide explains all the changes and how this will affect you as a business, including all the actions required in order to benefit from the new legislation.
The main aim of The Act is to put businesses in a better position than under the existing law, by helping to clarify the information required to be disclosed when taking out new and renewing insurance. You will also find that insurer’s remedies for issues such as non-disclosure, misrepresentation and breach of warranty will be more just.
Read our quick guide now to see what steps are required to be taken.
We have also created a dedicated page on our website for all things related to The Insurance Act 2015 for future reference.
