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A broker's guide to the Insurance Act 2015

This year sees extensive reforms in the insurance market as the Insurance Act 2015 comes into force from 12 August 2016. Aiming to introduce greater clarity around what information a client has to provide their insurer – and a fairer position should the client fail to provide that information – the Act will make sure all parties clearly understand what each needs to know and what will happen in the event of a claim.

This guide to the Insurance Act contains information on what brokers need to be doing ahead of the implementation on 12th August 2016.

Topics covered:
• Fair presentation of risk.
• Remedies.
• Warranties and conditions.
• Fraudulent claims.
• Contracting out.
• Ten key points to consider.