The Insurance Act 2015 and Enterprise Act 2016 adaptation guide

The Insurance Act 2015 and Enterprise Act 2016 have prompted major change across the UK insurance market - the former having come into force in August 2016, the latter on 4th May 2017.

Following our 2015 introductory guide and 2016 implementation guide, this adaptation Guide covers three key objectives:

1. Illustrating via a fictional case study a range of scenarios that might be challenging for brokers in the new legislative framework.
2. Reporting on the recent BIBA member survey gauging brokers' key concerns around implementing the new law.
3. Focusing on the most important perceived concerns, to explain key broker risks arising and detailing market-leading solutions currently under development.

This is not simply another technical guide, but instead a practical summary of surveyed concerns and potential solutions.