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
This week's edition of Insurance weekly highlights includes: Fraudulent insurance claims continue to top £1bn a year; MPs call for expansion of state...
Law360, London: The government should extend the scope of the UK's £2.2trn terrorism reinsurer to cover emerging cyberthreats, the Business and Trade...
Law360, London: Fraudulent claims in the UK general insurance sector rose again in 2024, with those linked to motor cover driving much of the...
This week's edition of Insurance weekly highlights includes: AXA XL settles with lessor in US$334m stranded planes claim; Dewji v Prudential...
The Financial Conduct Authority (FCA) has announced that the joint administrators of Premier Insurance Company Limited plan to end all remaining...
Latest Insurance & Reinsurance Practice Notes
The FCA Consumer Duty—essentialsWhen introduced in 2023, the Financial Conduct Authority’s (FCA) Consumer Duty (the Duty) marked a significant shift...
Financial Conduct Authority—objectives and powersThis Practice Note explores the strategic and operational objectives and powers of the Financial...
Prudential Regulation Authority—structure, functions and dutiesLegislation establishing the PRAThe Prudential Regulation Authority (PRA) forms part of...
Fraud and dishonesty in commercial insuranceThis Practice Note deals with the authorities on the meaning of ‘fraud’ and provides an overview of the...
Insurance Act 2015 (IA 2015)—essentialsIntroduction to the Insurance Act 2015The Insurance Act 2015 (IA 2015) received Royal Assent on 12 February...
Latest Insurance & Reinsurance Precedents
Outsourcing agreement—long formThis Agreement is made on [date]Parties1[Customer] a company incorporated in [England] with registered number [company...
Financial services outsourcing agreement (intra group)This Agreement is made on [insert date]Parties1[Insert name of party] a company incorporated in...
Claim by driver who incurred credit hire chargesIN THE COUNTY COURT AT [insert]Claim...
Claim against a driver for a collision while overtakingIn the COUNTY COURT AT [insert]Claim No: [insert claim number]BetweenA B ClaimantandX...
Claim against a driver for a collision caused by misleading signalsIN THE COUNTY COURT AT [insert]Claim No:Parties1A B Claimantand2X Y...
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
Fair presentation
The duty of fair presentation is a requirement for non-consumer insurance contracts under the Insurance Act—duty of fair presentation and for consumer insurance contracts under the Consumer Insurance (Disclosure and Representations) Act 2012, by an insured/potential insured to disclose all material facts to insurers in a clear manner.
Material Fact
A fact that is known, or ought to be known by an insured, is material to be disclosed to insurers if it would affect their assessment of the risk, the terms on which they are willing to underwrite it, or the premium they require to do so.
Non-disclosure
The failure by an insured to declare a material fact, which would have affected the insurer’s ability to assess the risk, the terms of the policy and/or premium charged.
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