Insurance UK

  • July 22, 2025

    BoE Chief Vows To Speak Up If Deregulation Goes Too Far

    Andrew Bailey told a cross-party group of lawmakers Tuesday that he would speak out if the Treasury tries too hard to deregulate the financial services industry, adding that bank ring-fencing must remain in place.

  • July 22, 2025

    Atradius Syndicate Gets 'In Principle' OK For Lloyd's Launch

    Specialist insurance market Lloyd's of London has "in principle" given the green light for the operation of the Atradius Syndicate 1864, a new underwriting platform of the credit insurer.

  • July 22, 2025

    DWF Beats Data Privacy Challenge In Injury Fraud Evidence

    A London court tossed claims Tuesday that DWF Law LLP broke data protection laws when it analyzed and shared health information from three former personal injury claimants in a bid to expose alleged fraud patterns in road traffic accident cases.

  • July 22, 2025

    FCA Warns Insurers On Poor Claims Handling

    The City watchdog on Tuesday warned U.K. insurers over delays in paying claims and high rejection rates, as consumer groups called for enforcement action.

  • July 22, 2025

    Insurers Push For Clear Liability Rules On Autonomous Flight

    Britain's politicians must redraw the legal framework for liability over new autonomous aviation technology, a trade group for underwriters said on Tuesday, adding that a "clear and enforceable" regulatory regime will help insurers support the emerging sector.

  • July 22, 2025

    Gov't Sets Out Plan To Include Pensions In Inheritance Tax

    The government has confirmed that it is pushing ahead with plans to apply inheritance tax to wealth transferred through pensions in a move that experts say marks a "seismic" change for the sector.

  • July 22, 2025

    NCA Calls For Crypto-Data Sharing In £100B AML Battle

    The National Crime Agency has called for financial services companies to share data with law enforcers to improve identification of illicit cryptocurrency activity as it seeks to combat the estimated £100 billion ($135 billion) laundered in the country every year.

  • July 21, 2025

    New AI Audit Standard Aims To Tame 'Wild West' Market

    The British Standards Institution on Monday unveiled what it called the world's first standard for companies independently auditing artificial intelligence systems amid concern over a potential "wild west" of unchecked providers.

  • July 21, 2025

    Ex-Union Lawyer Loses Claim Job Lost Over Whistleblowing

    A former solicitor for the National Education Union has lost her claim that she was fired for raising concerns about its insurance cover, as an employment tribunal ruled she was actually dismissed for refusing to work.

  • July 21, 2025

    Gov't Misses Chance To Go Big With New Pensions Body

    The government launched a once-in-a-generation review of retirement savings on Monday, but experts warned that the new Pension Commission is a missed opportunity to take a no-holds-barred approach to tackle the savings crisis.  

  • July 21, 2025

    Investors Poised To Buy Risky Funds Amid Gov't ISA Reforms

    Most investors are ready to invest in hard-to-sell assets including private equity through long-term asset funds after the government said they will be included in tax-free individual savings accounts from 2026, a trade body said Monday.

  • July 21, 2025

    Audit Watchdog Publishes Revised Pension Standard Rules

    Britain's accounting watchdog has published a finalized set of actuarial rules for the retirement savings sector in light of recently introduced changes to pension funding and plans to use surplus money tied up in savings schemes.

  • July 21, 2025

    Gov't Revives Pensions Commission To Tackle Savings Crisis

    The government said on Monday that it will restore the Tony Blair-era Pensions Commission to probe why future retirees are likely to be poorer than today's pensioners, amid growing fears that millions of Britons will not have saved enough money for later life.

  • July 18, 2025

    Pensions Watchdog Hits Master Trust, Trustee With Fines

    Britain's retirement savings watchdog said on Friday that it has fined pension master trust Now: Pensions Ltd. and its trustee £100,000 ($134,500) in total for failing to notify the regulator of communication system failures.

  • July 18, 2025

    FCA Shrugs Off Commissioner's Criticisms Of Ignoring Tip-Off

    The City watchdog has hit back at criticisms by the Financial Regulators Complaints Commissioner concerning how it treats tipoffs about unregulated firms.

  • July 18, 2025

    Engineer Sues Broker For Negligence Over PI Policy Notice

    A building services engineer has accused its broker of negligence for allegedly failing to notify one of its insurers about a row in which it was involved over a generator system that it said could leave it "liable for substantial sums."

  • July 18, 2025

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen the former owner of British oil refinery Prax Group sued following the collapse of his business empire, a unit of Shard Credit Partners target a married couple believed to have inflated the value of their companies before selling them, and Aerofoil Energy reignite patent action against AFE Group over the design of its F1-inspired cooling units.

  • July 18, 2025

    US Insurer Coverys Sells Italian Underwriter AEC

    U.S. insurer Coverys said on Friday that it has agreed to sell its Italian underwriting business AEC to Edge Group, an insurance broking platform.

  • July 18, 2025

    Insurer Denies Changing Life Policy To Cut Illness Cover

    Countrywide Assured has said two of its clients chose a policy without advice that did not provide cover for critical illness, arguing that it doesn't owe one of them £250,000 ($336,000) over claims that he was left short after a serious heart attack.

  • July 17, 2025

    UK Risk Report Flags Persistent Money Laundering Threat

    Money laundering risk for British firms remains high as criminal cash is being generated at over £12 billion ($16.1 billion) a year, with financial and legal services deemed particularly vulnerable, according to the government's National Risk Assessment 2025 released Thursday.

  • July 17, 2025

    UK Landlords Face Group Claim Over 'Hidden' Insurance Fees

    A campaign group for apartment owners said Thursday that it has sent letters to some of the U.K.'s largest landowners warning them of possible litigation over allegedly secret commissions from insurance premiums.

  • July 17, 2025

    UK Audit Watchdog Plans Scaled Rules For Small Businesses

    Britain's audit watchdog on Thursday proposed amended guidance for companies auditing smaller businesses amid concerns that industry standards do not reflect the needs of firms with less complex requirements.

  • July 17, 2025

    Lords Vote To Create Duty To Probe Whistleblowers' Concerns

    Employers would be obliged to investigate concerns raised by whistleblowers under an amendment to the Employment Rights Bill put forward by the House of Lords.

  • July 17, 2025

    Pensions Experts Call For 'Urgent' Adequacy Review

    The government must urgently press ahead with its review into the adequacy of pensions savings in Britian amid growing concern about the state of retirement prospects in the U.K., a research body has warned.

  • July 17, 2025

    Insurers Put £10.9B Into 'Productive Assets' Last Year

    Insurers have invested £10.9 billion ($14.6 billion) in U.K. growth assets since the government loosened capital adequacy rules for the sector, a trade body has said.

Expert Analysis

  • Cos. Can Start Preparing Now For Immigration Beyond Brexit

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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.

  • What A No-Deal Brexit Would Mean For Dispute Resolution

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    In the event of a no-deal Brexit, arbitration may become a more attractive option as a dispute resolution mechanism, as it offers relatively easy enforcement and clauses that could negate some uncertainty caused by Brexit, says Donna Goldsworthy of BDB Pitmans.

  • The Problem — And Opportunity — Of Implicit Bias In The Bar

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    Law firms are beginning to recognize implicit bias as a problem. But too few recognize that it is also an opportunity to broaden our thinking and become better legal problem solvers, says Daniel Karon of Karon LLC.

  • Roundup

    Pursuing Wellness

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    In this Expert Analysis series, leaders at some of the law firms that committed to the American Bar Association's 2018 pledge to improve mental health and well-being in the legal industry explain how they put certain elements of the initiative into action.

  • Series

    Why I Became A Lawyer: Expanding The Meaning Of Diversity

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    My conservative, Catholic parents never skipped a beat when accepting that I was gay, and encouraged me to follow my dreams wherever they might lead. But I did not expect they would lead to the law, until I met an inspiring college professor, says James Holmes of Clyde & Co.

  • 2 Perspectives On Navigating The Litigation Funding Process

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    Paul Martenstyn of Vannin Capital and Daniel Spendlove of Signature Litigation share their top tips on how to get a case funded, drawing from their respective experience as a funder and a lawyer.

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