The Insurance Act 2015

The Insurance Act 2015 came into force on 12th August 2016. The legislation information can be found at the following link

This Act is widely recognised as the single most important piece of insurance legislation over the past 100 years and it ultimately seeks to set out a more structured framework to help Policyholders make a fair presentation of their risk to insurers, and also to set out the consequences for failure to do so.

The Act has 7 parts which are detailed as follows:

Part 1 – Insurance Contracts: main provisions
Part 2 – Application and Interpretation
Part 3 – The duty of fair presentation
Part 4 – Knowledge of Insured
Part 5 – Knowledge of Insurer
Part 6 – Knowledge: general
Part 7 – Supplementary


Kennedy’s Law review the Act and explains how it will change the insurance landscape.

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