The UK insurance industry, and especially the London market, has a global reach and reputation.
Changes to insurance law in the UK will therefore be felt worldwide. The significant amounts of European insurance and reinsurance arranged in London mean that European businesses need to be aware of the Insurance Act 2015.
MACTAVISH have produced an Introduction for FERMA and its members.
It summarises the substance of the Act and provides guidance on areas to consider. We hope that it will help European risk managers understand the Act and the impact it will have on their insurance arrangements.
Ferma Mactavish – Changes in UK Insurance Law
Mactavish – Insurance Act 2015 Protocol
Mactavish BIBA Guide – Insurance Act 2015