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.
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: Supreme Court Judgment regarding furlough payments in coronavirus (COVID-19) BI claims...
Law360, London: Businesses could see rapid changes to their insurance as underwriters react to the wider economic effects of the conflict in the...
Insurance & Reinsurance analysis: The Supreme Court held that payments received under the Coronavirus Job Retention Scheme (CJRS) fall within standard...
This week's edition of Insurance weekly highlights includes: WRBC Corporate Member Ltd v AXA XL Syndicate Ltd; Minh v Da Guang Tankers (Private) Ltd;...
This week's edition of Insurance weekly highlights includes: Gatwick Investment Ltd v Liberty Mutual Insurance Europe Se; Bath Racecourse Company Ltd...
Latest Insurance & Reinsurance Practice Notes
The time limits which apply to a complaint taken to the Financial Ombudsman Service (FOS) are set out in Chapter 2 of the Dispute Resolution:...
This Practice Note provides an overview of the key provisions of the Financial Conduct Authority's (FCA) Insurance: Conduct of Business sourcebook...
Background to FCA suitability requirementsThis Practice Note looks at the suitability rules of the Financial Conduct Authority (FCA). For specific...
This Practice Note provides a summary of the UK GDPR regime. For a higher-level introduction to UK data protection laws, see Practice Note: Data...
This tracker sets out key dates and information relating to the development of autonomous and driverless vehicles in the UK, including consultations,...
Latest Insurance & Reinsurance Precedents
Strictly private and confidentialTo: [Insert name of Customer party] (a company registered in [England and Wales], with company registration number...
Claim no: [insert claim number]In the county court at [insert]Between[INSERT CLAIMANT’S NAME] Claimant-and-[INSERT FIRST DEFENDANT’S...
This Agreement is made on [date]Parties1[Customer] a company incorporated in [England] with registered number [company number], whose registered...
Insert the following definitions as new definitions into clause 1 of Precedent: Share purchase agreement—pro-seller—corporate seller—conditional—long...
Insert the following definitions as new definitions into clause 1 of Precedent: Share purchase agreement—pro-buyer—corporate seller—short form or...
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
Claim or circumstance
a claim, in a (re)insurance context, is a request for an indemnity under an insurance policy whereas a circumstance is a situation or event from which a claim may arise.
Endorsement
a document that amends an insurance policy, for example to impose an exclusion, vary the sum or property insured, or to extent the policy period.
Long tail risk
Insurance of risks in respect of which claims may not be notified or settled until a relatively long time after the policy period expires (eg asbestos related illness on losses occurring policies).
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