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Practice notes
ICOBS Insurance: Conduct of Business Sourcebook—application, general matters, distance communications, information about the firm and product...
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16th Nov
Practice notes
Sanctions clauses and the effect of sanctions on insurance policiesThe Practice Note entitled EU/UK financial and trade sanctions for insurers...
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Produced in partnership with Daniel Martin of HFW and James Neale of HFW 16th Nov
Practice notes
Exclusion clauses in insurance contractsWhat are exclusion clausesUnlike some exclusion or exemption clauses in ordinary contracts, an exclusion...
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Produced in partnership with Susie Wakefield of Shoosmiths 16th Nov
Practice notes
Insurance—duty of disclosureDuty of 'fair presentation'Under the Insurance Act 2015, s 3 (IA 2015), the insured has a duty to make a 'fair...
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16th Nov
Practice notes
Insurance agents and brokersWhat is the difference between an agent and a broker?Where insurance is transacted through an intermediary, that...
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Produced in partnership with Ruth Hosking of Quadrant Chambers 16th Nov
Practice notes
Product liability and product recall insuranceWhat is product liability insurance?Product liability insurance provides an indemnity to a business in...
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Produced in partnership with Sam Tacey of Cooley (UK) LLP and Richard Hopley of Cooley (UK) LLP 16th Nov
Q&As
What is meant by an 'indemnity to principals' provision and an 'additional insured' provision? What are the practical differences in protection each...
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16th Nov
Practice notes
Decennial insuranceDecennial insurance is insurance that is taken out by contractors to cover costs associated with the potential collapse of a...
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Produced in partnership with David Savage of Charles Russell Speechlys LLP 16th Nov
Practice notes
The registration and regulation of friendly societiesWhat is a friendly society?There has been a system of registration, and with it regulation, of...
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Produced in partnership with John Gilbert of M&G Advisory Services 16th Nov
Practice notes
Insurance reserves, claims data and loss development trianglesThis Practice Note explains insurance industry practice in relation to loss reserves,...
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16th Nov
Practice notes
Glossary of insurance and reinsurance termsA B C D E F G H I J K L M N O P Q R S T U V W X Y ZThis glossary includes useful (re)insurance and...
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16th Nov
Practice notes
Aggregating insurance claims and reinsurance claimsAggregation—backgroundAggregation remains a major issue in the settlement of insurance and...
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Produced in partnership with Andrew Burns QC of Devereux Chambers 16th Nov
Practice notes
Liability insurance—notification of claims and circumstances and defence of claimsThis Practice Note provides guidance on notification provisions in...
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Produced in partnership with Julia Dias QC of 7KBW 16th Nov
Practice notes
Insurance Distribution Directive (IDD)—Insurance Product Information Document requirementsIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the...
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16th Nov
Practice notes
Insurance Distribution Directive (IDD)—background and legislative historyThe Directive (EU) 2016/97, Insurance Distribution Directive (IDD) repealed...
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Produced in partnership with Jacob Ghanty of Deloitte 16th Nov
Practice notes
Insurance Act 2015 (IA 2015)—essentialsIntroduction to the Insurance Act 2015The Insurance Act 2015 (IA 2015) received Royal Assent on 12 February...
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Produced in partnership with Oliver Saunders of Bryan Cave Leighton Paisner LLP 16th Nov

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