How to prosper when the Insurance Act comes into force – a special report

Introduction Airmic deputy chair Clive Clarke says the Insurance Act provides buyers with a once-in-a-lifetime opportunity. More

 

Why the Act will demand more professionalism The core intention is for policies to be written on the right terms and for the right price, and to perform when called upon.  Reinforcing professional standards is key, according to Bruce Hepburn and David Hertzell of Mactavish. More

 

An underwriter's view Brian Kirwan of Allianz says the new law will benefit buyers, but they will have to adapt their practices. More

 

Avoiding a legal dispute Alexander Oddy and Sarah Irons of Herbert Smith Freehills explore ways to avoid the pitfalls and stay out of court. More

 

How to be clear and accessible Airmic members are especially concerned about the 'clear and accessible' requirements of the Act. Presentation rather than quantity of information will be key, says Charles van Oppen  of TBIAS. More

 

A broker view Siân French  at Marsh says the quality of communication between buyer and underwriter will determine success. More