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Monthly insurance policy wording update

The Word, April 2025

01 May 2025

For our April edition of The Word we cover a range of topics of interest from across the insurance sector.

In light of recent events, we take a look at Martyn’s Law and the implications of this for the insurance industry. We also consider what lessons insurers can learn from The National Association of Mutual Insurance Companies’ most recent report regarding whether AI legislation is making it more difficult for insurers to appropriately price risk.

We also consider the impact of the Which? reports’ call for fairer insurance definitions and the potential impact on insurance policy wordings, and secondly Aviva’s report addressing insurance fraud which provides useful insights into Aviva’s response and industry wide implications.

Finally, we explore the Contract of Insurance Act 2024 in New Zealand and insurance as a force for good in protecting domestic violence victims.

We hope you find this edition informative and insightful.

Tim

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