About Insurance & Reinsurance Law
Lexis®+ Insurance & Reinsurance caters for both contentious and non-contentious practitioners. It delivers practical guidance on topics ranging from regulatory obligations that apply to insurers and insurance intermediaries, to key legal concepts
in insurance and reinsurance law and practice, to guidance on particular classes of insurance.
Insurance claims
We provide practical guidance in relation to insurance claims, including on subrogation, allocation and aggregation, together with detailed guidance on relevant legislation.
Regulation of insurance
We provide comprehensive guidance on the regulation of insurance in the UK and the EU, alongside trackers and guidance on hot topics such as implementing the FCA's new consumer duty.
Types of insurance
Our guidance includes Practice Notes on the different types of insurance, ranging from aviation insurance to warranty and indemnity cover, and everything in between.
Intermediaries and market practice
Get practical guidance on the functions and duties of insurance intermediaries along with guidance on insurance and reinsurance market practice. This includes a detailed glossary and Practice Notes pack.
Topics We Cover
Our Insurance & Reinsurance Experts
Susie Wakefield
Charlotte Shakespeare
Rebecca Huggins
Bob Haken
Jonathan Drake
Latest Insurance & Reinsurance News
The Financial Conduct Authority (FCA) has compelled motor insurers to revise their claims handling practices after identifying a widespread of...
This week's edition of Insurance weekly highlights includes: Lloyd’s picks AI-driven insurance startups for incubator; Insurance premiums could rise...
Law360, London: AerCap is seeking £81m in costs in the dispute over hundreds of aircraft stranded in Russia after the 2022 invasion of Ukraine,...
Law360, London: The insurance industry could be forced to eventually correct the trend of falling prices for property cover if natural catastrophe...
The Financial Conduct Authority (FCA) has published a paper on the UK pure protection market for retail customers. It is one of two papers related to...
Latest Insurance & Reinsurance Practice Notes
Flood insurance—overview of the marketIntroduction to flood insuranceThe property, legal and financial markets are becoming increasingly sensitive to...
Use of insurance in aviation finance transactionsAircraft are high value assets, prone to damage and capable of causing destruction. Appropriate...
Practical application of the exemption from VAT for intermediary financial servicesWhy is the exemption for financial services important?VAT is a key...
FCA inducements rulesBackground to FCA inducements requirementsThis Practice Note explains the Financial Conduct Authority's (FCA) rules on...
FCA: Treating Customers Fairly—essentialsThe Financial Services Enforcement Database incorporates detailed information on all substantive FCA and PRA...
Latest Insurance & Reinsurance Precedents
Preliminary notice of claim—against surveyor for breach of contract and, or alternatively, negligence in providing property valuation[ON THE HEADED...
Particulars of claim in a Motor Insurers' Bureau uninsured caseClaim no: [insert claim number]In the county court at [insert]Between[INSERT CLAIMANT’S...
Particulars of claim against an uninsured driver joining the Motor Insurers' Bureau (MIB) as second defendantIN THE [INSERT NAME OF COURT]Claim no....
Terms of Business Agreement (TOBA)—insurer and managing agent/brokerAn Agreement dated [date] governing the conduct of Insurance Business...
Vendor Managed Inventory AgreementThis Vendor Managed Inventory Agreement (the "Agreement") is entered into on [[date]] (the "Effective Date") by and...
Latest Insurance & Reinsurance Q&As
Featured Insurance & Reinsurance content
Public liability insurance—essentials
Public liability insurance—essentialsPublic liability insurancePublic liability insurance is a form of liability insurance that indemnifies a...
Subrogation in insurance and reinsurance
Subrogation in insurance and reinsuranceWhat is the right of subrogation?In the context of insurance and reinsurance, the right of subrogation...
Insurable interest
Insurable interestThis Practice Note considers insurable interest, including insurable interest in construction and liability insurance. It also...
Insurance agents and brokers
Insurance agents and brokersWhat is the difference between an agent and a broker?Where insurance is transacted through an intermediary, that...
Professional indemnity insurance—essentials
Professional indemnity insurance—essentialsWhat is professional indemnity insurance?Professional indemnity insurance is a form of liability insurance....
Reinstatement of insured property after a loss
Reinstatement of insured property after a lossWhat is reinstatement?Reinstatement is the repair or replacement of property so that it is in the same...
Terms of Business Agreement (TOBA)—insurer and managing agent/broker
Terms of Business Agreement (TOBA)—insurer and managing agent/brokerAn Agreement dated [date] governing the conduct of Insurance Business...
Exclusion clauses in insurance contracts
Exclusion clauses in insurance contractsWhat are exclusion clausesUnlike some exclusion or exemption clauses in ordinary contracts, an exclusion...
Professional indemnity insurance—solicitors
Professional indemnity insurance—solicitorsThis Practice Note sets out the professional indemnity insurance requirements for solicitors, including...
Hull and machinery insurance
Hull and machinery insuranceWhat is hull and machinery insurance?Hull and machinery insurance (‘H&M insurance’) is a form of insurance which...
Trade credit insurance—essentials
Trade credit insuranceTrade credit insurance typically provides protection to a policyholder against non-payment of accounts receivable, due to the...
Double insurance and contribution
Double insurance and contributionOverlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover,...
Marine insurance—general principles [Archived]
Marine insurance—general principlesThis Practice Note describes the main principles of marine insurance as governed by the Marine Insurance Act 1906....
The functions and duties of insurance brokers—policy placement
The functions and duties of insurance brokers—policy placementThis Practice Note provides a high level introduction to the functions and duties of...
Product liability and product recall insurance—essentials
Product liability and product recall insuranceWhat is product liability insurance?Product liability insurance provides an indemnity to a business in...
Sanctions clauses and the effect of sanctions on insurance policies
Sanctions clauses and the effect of sanctions on insurance policiesThe Practice Note entitled EU/UK financial and trade sanctions for insurers...
What is meant by an 'indemnity to principals' provision and an 'additional insured' provision? What are the practical differences in protection each affords to the principal/additional insured?
Outsourcing in insurance—one minute guide
Outsourcing in insurance—one minute guideThis Practice Note provides a high level guide to the key regulatory and practical issues relating to...
Associated legal terms
Errors and omissions insurance
Insurance for professionals for negligent acts, errors and omissions which result in a loss to a client, arising out of the ordinary course of the professional business.
Excess
The amount the insured must pay itself before insurers will pay a claim.
Facultative reinsurance
Reinsurance in respect of a particular risk, as compared with a reinsurance treaty, which provides a contractual framework for the automatic or optional cession of risks to be reinsured.
CONTACT US
