Insurance UK

  • October 02, 2025

    McLaren Claims Driver's Exit Cost Millions In Sponsorships

    Former McLaren driver Álex Palou cost the British motor racing group millions when he walked away from his contract, depriving the team of a "generational talent," company lawyers argued at the opening of a $21 million trial Thursday.

  • October 02, 2025

    Groups Want Treasury Flexibility On Overseas Equivalence

    U.K. and European financial services trade bodies have asked HM Treasury to take a flexible approach in recognizing overseas regimes as effectively "equivalent" to allow overseas firms access to U.K. customers, with a year's notice of withdrawal.

  • October 02, 2025

    Broker Partnership Co. Invests In Drone Insurance Specialist

    Investment vehicle Minority Broker Partnerships has said it will plug a "significant capital injection" into drone insurance specialist Moonrock Insurance.

  • October 02, 2025

    Pension Review Should Tackle Triple Lock, Actuary Body Says

    A government-led pensions review should have a free hand to reassess the triple lock, a trade body said, amid fears the policy will cost the state around £15.5 billion ($20.8 billion) a year by 2030.

  • October 02, 2025

    Pension Savers Regret Prebudget Kneejerk Decisions

    More than a quarter of Britons regret withdrawing a lump sum from their pensions, a wealth adviser said, amid fears that tax jitters over the budget could lead to savers making poor decisions on their finances.

  • October 02, 2025

    L&G Breaks Industry Record, Tops £200B In Pension Assets

    Legal & General Group PLC has said that its total defined contribution assets under management now top £200 billion ($270 billion) in what it called a first for the pensions industry.

  • October 02, 2025

    Denmark Loses £1.4B Cum-Ex Fraud Case Against UK Trader

    Denmark lost on Thursday its £1.4 billion ($1.9 billion) legal claim against scores of traders and financial institutions over a cum-ex tax fraud it said was orchestrated by convicted hedge fund trader Sanjay Shah.

  • October 02, 2025

    FCA's Crypto Rules Risk Abuse Without Tailored Safeguards

    The proposed U.K. crypto-asset regime risks abuse because it tries to clamp traditional finance rules on to a digital asset class, leaving gaps which expose unwary investors to criminals unless new safeguards are added, legal experts have warned.

  • October 01, 2025

    Chubb Can't Yet Arbitrate La. Casino Owner's COVID Losses

    A Louisiana federal court has temporarily barred a Bermuda-based Chubb unit from pursuing arbitration proceedings in England in a dispute with a hospitality and entertainment company over coverage for pandemic-related losses at its U.S. properties.

  • October 01, 2025

    Yorkshire Broker Continues UK Expansion With Three Buys

    JMG Group Investments Ltd. has bought three insurance brokers in Birmingham, Edinburgh and the Lake District, marking further expansion for the company in the U.K.

  • October 01, 2025

    FCA Gives Chancellor 4-Point Plan For Consumer Duty

    The Financial Conduct Authority has given the chancellor of the exchequer a four-part plan to change the Consumer Duty, with additional legislative steps for the Treasury to take, setting out its proposals in a letter published Wednesday.

  • October 01, 2025

    UK Seeks To Recoup Money From Judges' Pensions Errors

    The government has proposed new rules that will allow it to bill members of the judiciary in England and Wales for pension contributions that it failed to collect through administrative errors.

  • October 01, 2025

    Ireland's Central Bank Warns Insurers On AI Governance

    The Central Bank of Ireland has said that it will investigate whether insurers in the republic have sufficient guardrails against the unethical use of new artificial intelligence technology.

  • October 01, 2025

    FRC Eyes Public, Accelerated Action For Audit Breaches

    The accounting watchdog set out proposals on Wednesday to enhance its enforcement approach, introducing new options for more targeted and faster action against auditors that break the rules, including publication of cases it has pursued.

  • October 01, 2025

    Geopolitical Risk A Top Concern For Business, Aon Says

    Geopolitical volatility has risen to be among the top concerns for business decision-makers, Aon said Wednesday, marking what it called a "new reality."

  • September 30, 2025

    FCA Warned On Targeted Support Signpost Proposals

    The Financial Conduct Authority should not force businesses to flag "targeted support" to consumers from March before the regime is widely available, Aegon warned on Tuesday.

  • September 30, 2025

    Union Pushes Gov't To Inflation-Proof Pensions Amid Surplus

    The U.K. government must tap in to £14.1 billion ($19 billion) of surplus funds held by the pension lifeboat scheme to boost the retirement benefits of pensioners denied inflation-linked raises, one of the largest U.K. unions warned.

  • September 30, 2025

    FRC Finds Multiple Financial Reporting Failings In Review

    The U.K. accounting watchdog said in its annual review published Tuesday that it has uncovered a slew of inaccuracies, omissions and compliance failings in financial statements prepared by companies for the year to March 2025.

  • September 30, 2025

    UK Space Agency Backs Insurance Broker Eco-Monitoring

    The U.K. government's space agency has backed an insurance-led project to use satellites to monitor biodiversity risk, as the sector beefs up its response to climate-reporting regulation.

  • September 30, 2025

    Ageas Gets Digital Boost As It Completes £1.3B Acquisition

    The insurance giant Ageas said Tuesday it has completed its acquisition of Esure Group PLC in a "milestone" transaction worth £1.295 billion ($1.74 billion) that it believes will boost its tech efficiency.

  • September 30, 2025

    6 In 10 SMEs Hit By Cyberattack In 2025, Hiscox Says

    Some 59% of small and midsized enterprises have said they experienced a cyberattack in the last year, Hiscox said Tuesday, highlighting the evolving threat posed by criminals adapting to new technologies to exploit businesses. 

  • September 30, 2025

    Kirkland Leads Oaktree's $420M Buy Of Ambac's Legacy Units

    Oaktree Capital Management LP has bought Ambac's legacy financial guarantee businesses for $420 million in cash, the insurance company has said, after the deal won backing from the regulator for the sector in Wisconsin.

  • September 29, 2025

    McLaren Driver Can Run Loss Mitigation Defense In $21M Trial

    Álex Palou can seek to dodge damages in an almost $21 million claim from McLaren Racing Ltd. by arguing that the British motor racing group mitigated its losses after he walked away from his Formula 1 deal by signing on a different driver.

  • September 29, 2025

    Allianz Loses £20K Costs Claim Against Ex-Employee

    Allianz has lost its quest to recover £20,000 ($27,000) from a former employee who sued the company, failing to convince a tribunal that she acted unreasonably by bringing her claim.

  • September 29, 2025

    EU Council Reinstates Sanctions Over Iran's Nuclear Activities

    The European Union said on Monday that it will reimpose sanctions on Iran, following the lead of the United Nations, which brought back restrictions over concerns that the Middle Eastern country had breached a commitment to halt its nuclear weapons development.

Expert Analysis

  • What To Expect During The Brexit Transition Period

    Author Photo

    While all formal ratification procedures for the U.K.'s departure from the European Union have been completed, the transitional period will bring an enormous range of trade, customs and regulatory issues, say attorneys at Mayer Brown.

  • Opinion

    Legal Prediction Is Demanding But Not Impossible

    Author Photo

    The New Jersey Supreme Court’s recent decision in Balducci v. Cige incorrectly concluded that predicting the length and cost of a case is nearly impossible, and overlooked artificial intelligence's ability to do so, says Joseph Avery with Claudius Legal Intelligence.

  • Surefire Marketing Methods To Build Your Legal Practice

    Author Photo

    Attorneys who take the time and the risk to showcase their talents through speaking, writing and teaching will find that opportunities will begin building upon themselves, says Daniel Karon of Karon LLC.

  • Mandatory Mediation May Lie Ahead For England And Wales

    Author Photo

    The U.K. Court of Appeals' decision in Lomax v. Lomax, among other recent developments, show significant judicial support for compulsory mediation of appropriate civil and commercial cases in England and Wales, say Margarita Michael and Grace Spurgeon of O'Melveny.

  • Key Risks And Developments For UK Law Firm Culture In 2020

    Author Photo

    In 2020, law firms throughout the U.K. will be increasingly reshaped by rapid changes in societal expectations and advances in technology, say Helen Rowlands and Niya Phiri of Clyde & Co.

  • Cos. Can Start Preparing Now For Immigration Beyond Brexit

    Author Photo

    Ahead of the U.K.'s likely departure from the European Union on Jan. 31, 2020, companies should use the one-year transition period to help workers understand any new registration requirements, evaluate budgetary concerns and expedite any employee relocations, say Julia Onslow-Cole and Charlotte Wills at Fragomen.

  • #MeToo Pressure On UK Businesses Is Set To Rise

    Author Photo

    Recent declarations by the Financial Conduct Authority and Prudential Regulation Authority indicate that sexual harassment in the U.K.'s financial services industry may lead to consequences under the newly expanded Senior Managers and Certification Regime, and other sectors are facing growing scrutiny as well, say attorneys at Covington.

  • Opinion

    UK's Insurer Investigations May Not Help Policyholders

    Author Photo

    The U.K. Ministry of Justice's recent investigations into insurers suspected of not passing on savings to consumers suggests insurers may see consequences for their hollow promises, but only if the government follows through to hold insurers accountable, says Tom Jones of Thompsons Solicitors.

  • The Outlook For Autonomous Vehicles In The UK And US

    Author Photo

    As both the U.K. and U.S. governments continue to develop regulatory frameworks for autonomous vehicles, manufacturers can take certain steps to avoid litigation and manage risk, say attorneys at FaegreBD.

  • Brexit's Impact On London As A Top Int'l Arbitration Seat

    Author Photo

    Despite concerns that London may be considered a less attractive place to do business post-Brexit, there are many reasons to believe that the city will retain its position as a globally favored arbitral seat, say Adrian Jones and James Wagner at FaegreBD.

  • Post-Brexit UK Likely To Conform With EU On Human Rights

    Author Photo

    In a recent speech, U.K. Foreign Secretary Dominic Raab stated his intent to expand sanctions for human rights violations by extending the so-called Magnitsky amendment, strongly indicating that Britain's exit from the EU would be unlikely to disrupt coordinated efforts to address international transgressions against human rights, says Stephen Baker at Baker & Partners.

  • The Evolution Of GDPR Enforcement Across The EU

    Author Photo

    With the last few months bringing significant fines to major businesses that have breached the European Union's General Data Protection Regulation, it is clear that regulators are moving away from the light-touch approach they employed during the transition to the new rules, says James Simpson of Blaser Mills.

  • Series

    Why I Became A Lawyer: Being There For Families In Trouble

    Author Photo

    My parents' contentious, drawn-out divorce was one of the worst experiences of my life. But it taught me how to be resilient — and ultimately led me to leave corporate litigation for a career in family law, helping other families during their own difficult times, says Sheryl Seiden of Seiden Family Law.

  • 3 Ways To Leverage Vulnerability For Lawyer Well-Being

    Author Photo

    Admitting to imperfection is an elusive construct in the legal industry, but addressing this roadblock by capitalizing on vulnerabilities can increase personal and professional power, says life coach and attorney Julie Krolczyk.

  • Zurich Case Brings Clarity To Complex Contempt Proceedings

    Author Photo

    The U.K. Court of Appeal's recent decision in Zurich v. Romaine provides insight into the meaning of "in the public interest" in the context of bringing contempt proceedings against a party or witness who verifies false claims, says Matt Peacock of Signature Litigation.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Insurance UK archive.