Insurance Insights: The Word, January 2026
Happy new year. For our January edition of The Word we cover a range of topics of interest from across the insurance sector.
We examine how climate risks are accelerating faster than insurers' models anticipated, with actuaries warning that extreme weather events could strain reinsurance capacity and widen the protection gap sooner than expected. Following the FCA's response to Which?'s super-complaint, we explore the regulator's demand for clearer policy wordings in travel and home insurance, shifting focus from technical compliance to genuine consumer understanding. We also explore the FCA's separate push for simplified policy wordings in travel and home insurance, shifting focus from technical compliance to genuine consumer understanding.
We also consider the implications for insurers following the government's retreat from audit reform, originally prompted by the Carillion collapse, and what this means for professional indemnity and trade credit exposures. In our continued exploration of AI, we analyse how algorithmic bias could widen the insurance gap, potentially leaving vulnerable populations further marginalised from essential cover. Finally, we look at the implications of Coady v Coady for professional indemnity insurers, as a wave of challenges to improperly executed "lockdown wills" begins to emerge.
We hope you find this edition informative and insightful.
Tim
Contents
- Climate risks outpacing insurers’ projections
- FCA acts on home and travel insurance super-complaint
- FCA focus on clarifying insurance policy wordings for understanding
- UK audit reform retreat: Weak response and implications for insurers
- Could AI bias increase underinsurance?
- Implications for professional indemnity insurers following Coady v Coady
Meet the team
Tim Johnson
Partner
Joanna Wallens
Associate
Jeanette Flowers
Claims Handler
Thomas Gibby
Principal Associate
Azraa Daud
Paralegal
Claudia Richardson
Associate
Contact
Tim Johnson
Partner
tim.johnson@brownejacobson.com
+44 (0)115 976 6557
Related expertise
You may be interested in
Legal Update
FCA focus on clarifying insurance policy wordings for understanding
Legal Update
UK audit reform retreat: Weak response and implications for insurers
Legal Update
Could AI bias increase underinsurance?
Legal Update
Sunscreen scandal as products fail to meet SPF claims
Legal Update
The nicotine pouch epidemic: What insurers need to know
Legal Update
The AI arms race: Fraudsters vs insurers in the battle against fake claims
Legal Update
Autonomous vehicles framework: Government consultation signals new era for motor insurance
Legal Update
Conditions precedent to liability: Why clear policy wording matters
Legal Update
The rising tide of civil unrest: Critical implications for insurers
Legal Update - The Word
Insurance Insights: The Word, December 2025
Legal Update
Covid-19 business interruption claims: Supreme Court appeal on furlough deductions
Legal Update
Russian aviation dispute: Commercial Court denies war risks insurers' appeal
Legal Update
Duty of fair presentation: No second chance for policyholders
Legal Update
Onerous clauses and 'pay first' in marine policies
Legal Update
Settlement considerations for insurers and reinsurers
Legal Update - The Word
Insurance Insights: The Word, November 2025
Legal Update
Bridging the divide in insurance product value: Legal and regulatory insights
Legal Update
MS Amlin court win sets major precedent: Marine insurers entitled to rely on pay-first clauses
Legal Update
Illegal teeth-whitening: A growing risk for beauty salon insurers
Legal Update
Rise in complex stress claims puts UK employers and insurers on alert
Legal Update
Current life sciences insurance trends and the imperative for specialised coverage
Legal Update
UK data centre expansion creates insurance challenges
Legal Update
A reminder to accountants and tax advisers: Know your policy terms
Legal Update
“New low” for ransomware cybercriminals an opportunity for cyber insurers?
Legal Update
Microplastic risk threat worse than previously thought: Implications for insurers
Legal Update
When does time start running? The limitation quirk in insurance coverage claims
Legal Update
The meaning of "property damage": Lessons from Insurance Australia v Capral
Legal Update
Mazur v Charles Russell Speechlys: Implications for solicitors' professional indemnity insurers
Legal Update
Insurance Act 2015 and American Hull Clauses: Lessons from Delos Shipholding v Allianz
Legal Update
Physical property damage from cyber incidents: Implications for insurers
Legal Update
AI adoption without safeguards: A growing risk for insurers
Legal Update
Resurfacing risks: The re-emergence of non-compliant child car seats
Legal Update - The Word
Insurance Insights: The Word, October 2025
Legal Update
E-bikes and e-scooters in the UK: New research challenges safety assumptions
Legal Update
Marine insurers face coverage uncertainty as GPS spoofing incidents rise
Legal Update - Consumer Duty
The insurance industry’s battle with jargon: The fight continues
Legal Update - Economic Crime and Corporate Transparency Act
What does the new offence under the ECCTA 2023 mean for corporate accountability and insurers?
Legal Update
London shopfront vandalism: Rising criminal damage and insurance implications for retailers
Legal Update
Exploring bi-directional charging: The future of EV technology
