The Insurance Act was the most fundamental change to UK law governing commercial insurance and reinsurance since the Marine Insurance Act 1906. It governs all polices placed, amended or renewed after the 12th August 2016 and aimed to address the imbalance between insurer and insured rights and encourage a deeper understanding of the risk by all relevant parties. The legislation made significant changes to: the pre-contract duty of disclosure, insurer remedies in the event of a breach of the new duty of fair representation and certain terms used in policy wordings. This guide aims to assist risk professionals in making the most of the benefits of the Insurance Act, while ensuring their own compliance with the duties placed upon them.

Webinar from a year ago, but just as relevant today – With increasing drought conditions combined with low humidity and strong winds, how do households, businesses, and communities build and prioritize resiliency?

A broken link in the supply chain can lead to severe disruption and is a risk only partially protected by insurance. With events of the last two years still presenting challenges for businesses, what more can they do to manage and mitigate supply chain risk?

[For Airmic members only] Panellists from the International Underwriting Association of London’s (IUA) Non-Marine Environmental Committee (NMEC) discuss key themes appearing in the recently published Practical Buyer’s Guide to Environmental Risk, such as environmental harm and torts, the limitations of environmental coverages provided in other types of non-Environmental Impairment Liability (EIL) insurance policies and environmental loss scenarios that illustrate the role of EIL policies in responding to a broad range of environmental incidents.