0370 270 6000

Insurance Act 2015 toolkit

1 April 2016

Over the past three years, the Law Commission of England and Wales have consulted on fundamental changes to commercial insurance law. Those consultations culminated in the Insurance Act 2015, which has now passed through Parliament. The changes will come into force in August 2016.

We have engaged with the consultation process throughout and the Act has now received royal assent. We have put together some useful resources that highlight how the Insurance Bill will impact you.

To receive our next useful update, as it happens, drop your details in the form to the right. If you have any questions, please get in touch - we'd love to hear from you.

Online training package

With the Insurance Act 2015 coming into force in August this year, it is essential that all insurance market participants understand its implications. To assist with explaining the new provisions we have created an interactive online training module, which we invite you to circulate amongst your colleagues and contacts. The module allows you to enter your details, which will be used to generate a certificate following successful completion of the training.

The module explains why the Act came about and explains the key legal changes introduced by it, including:

  1. the new Duty of Fair Presentation and how it differs from the current disclosure obligations
  2. changes to warranties and how those changes may impact on claims in practice
  3. how the law on fraudulent claims is being clarified
  4. insurers’ rights to contract out and how that might be applied.

The module contains regular questions to check users’ understanding and concludes with a summary of action points that organisations may wish to consider in the run up to the Act coming into force.

We hope you find the training both enjoyable and informative. If you have any queries in relation to any of its content, please do not hesitate to get in touch.

Access the training here

Insurance Act 2015 and what it means for insureds - In house lawyers 2015

James Gibbons gives an overview of recent reforms to commercial insurance law brought about by the Insurance Act 2015 and how they impact on an insured’s disclosure obligations and policy terms.

Quick reference guides

Insurance Act - quick reference guide to the changes, February 2015

Third Parties (Rights Against Insurers) Act 2010 - quick reference guide to the old and the new, February 2015

Legal opinions

Insurance Act a year to go, 12 August 2015

Insurance reform - now a reality, 4 February 2015

Legal update

Insurance law - reform is another step closer, 19 January 2015

Insurance Bill archive

Quick reference guide

We have produced a quick reference guide to the original draft Bill, June 2014

Legal opinions

Insurance Contracts Bill - the grand unveiling, 17 July 2014

Law Commission seeks final touches to Insurance Contract Law Bill, 19 June 2014

First look at the Insurance Contract Law Bill, 30 January 2014

Legal updates

Insurance Bill - consequences for claims teams, 28 October 2014

Insurance Bill - consequences for policy drafting, 5 September 2014

Consultation response - reforming insurance law (warranties), 25 March 2014

Consultation response - reforming insurance contract law, 27 February 2014

Law Commission review of Business Insurance Law, 14 January 2014

Please contact one of our team below if you would like more information or if you have any other queries about how the Insurance Act 2015 will impact you.

Our people

Tim Johnson

Tim Johnson


Tim specialises in insurance policy drafting, insurance coverage advice and defending professional liability claims against professionals in both the traditional and emerging sectors.

View profile
Jonathan Newbold

Jonathan Newbold

Partner and Head of Financial Services & Insurance

Jonathan specialises in professional negligence, financial services and commercial dispute resolution; advises insurers on policy wording and coverage matters.

View profile