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Insurance UK
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August 22, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen football manager Bruno Lage sue the owner of Olympique Lyonnais and Botafogo football clubs, luxury fashion brand Christian Dior Couture target a jewelry business trading under the same name, and a Russian motorsports promoter take action against Formula One after it canceled its Russian Grand Prix in 2022.
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August 22, 2025
1 In 4 UK Homeowners Unaware Of Flooding Risk
A quarter of Britons don't know whether their house is at risk of damage from flooding and storms, and only 27% of those would know how to find out if it is, the Association of British Insurers said Friday, weeks before the start of autumn in the U.K.
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August 22, 2025
Pension Body Opposes UK Gov't Plan For Mandated Investing
The government must drop its plan to introduce a "reserve power" that will allow it to force pension funds into making U.K. investments, a trade body said Friday.
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August 22, 2025
UK State Pension Could Rise 4.6% Under Triple Lock Pledge
The state pension could rise by £551 ($746) a year for Britons in 2026 under the so-called triple lock, piling additional costs on taxpayers, a consultancy warned on Friday.
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August 22, 2025
Police Officers Win Bid To Revive GDPR Breach Claims
A group of police officers can revive their group action over their annual pension statements being posted to the wrong address, as an appeals court found on Friday that the error had breached their rights to privacy.
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August 22, 2025
FCA Revises Controls After Poor Oversight Of Payments Firm
The Financial Conduct Authority said it has changed its internal systems and controls and is introducing new rules for the payments sector, after the Complaints Commissioner found it failed to properly regulate a collapsing payments firm.
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August 22, 2025
Insurers Face Rising Tide Of Claims From AI-Driven Fraud
Insurers in Britain could be on the hook for far higher losses because of the rising use by criminals of artificial intelligence tools to invent or inflate claims, lawyers have warned.
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August 21, 2025
Injury Firm Seeks Guidance On Payouts For Trans Claimants
A personal injury law firm called for sector-wide guidance on compensation calculations for transgender claimants on Thursday, in order to prevent inequalities in payouts following the U.K. Supreme Court's controversial ruling on the definition of sex.
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August 21, 2025
BoE Says No Urgent Need To Raise £85K APP Fraud Limit
The Bank of England called Thursday to keep the £85,000 ($114,000) limit for compulsory reimbursement of victims of authorized push payment fraud in payments made through the CHAPS settlements system at a time it is under review.
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August 21, 2025
ABI Data Shows Insurers Paid £472M In Travel Claims For 2024
British insurance companies paid £472 million ($634 million) to settle travel insurance claims in 2024, the Association of British Insurers said Thursday.
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August 21, 2025
FCA Warns Firms Of Failings In Algorithmic Trading Controls
The Financial Conduct Authority said Thursday that trading companies need to address deficiencies in algorithmic trading controls, noting poor record keeping with compliance staff lacking oversight of controls.
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August 21, 2025
Health Insurance Uptick Fuels £123M Rise In UK Tax Revenue
Mounting pressure on Britain's public healthcare system is spurring the uptake of health insurance products and boosting government tax revenue, financial services consultancy Broadstone said Thursday.
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August 21, 2025
Oxford Uni Sues Aviva Over COVID Interruption Insurance
A group of colleges and halls of residence of the University of Oxford have sued Aviva over the insurance giant's alleged failure to pay out for losses sustained during the COVID-19 pandemic.
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August 21, 2025
Appointed Reps Reform Gives FCA Bigger Enforcement Hook
The U.K. government's plans to tighten the rules for appointed representatives will give the Financial Conduct Authority a far greater enforcement hook, making the regime costlier and harder to access by the companies it is designed to support, lawyers have warned.
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August 20, 2025
Aviva, Tesco Launch Life Insurance Partnership
Aviva PLC said Wednesday that it has launched a new partnership with the insurance arm of Tesco that will give the customers of the grocery giant access to affordable life insurance programs.
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August 20, 2025
Marine Insurers Warned Of Legal Risks From Modern Slavery
Insurers risk legal and reputational damage if they offer cover for shipping companies that rely on modern slavery in their business models, a trade body for the sector warned.
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August 20, 2025
Fewer Pension Plans Granting Inflation-Driven Increases
Fewer U.K. pension plans are giving their members discretionary increases in retirement payments, with inflation lower and changes anticipated in how surpluses will be used, Aon PLC said Wednesday.
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August 20, 2025
EU Finance Watchdog, EEA Sign Sustainability Agreement
The financial markets watchdog of the European Union said Wednesday that it has entered into an agreement with the European Environment Agency to strengthen cooperation in sustainable finance and enhance regulation across member states.
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August 20, 2025
Eversheds, LCP Guide £700M Pension Deal For Engineer ABB
The British subsidiary of global electrical engineering giant ABB Group has agreed a full-scheme pension program buy-in worth £700 million ($945 million) with Aviva PLC, the insurer said Wednesday.
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August 19, 2025
Athora, Brookfield Deals May Spur UK Pension Risk Appetite
A wave of consolidation among life insurers may mean deeper pockets to meet demand in the pension risk transfer market, a broker said Tuesday.
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August 19, 2025
Aviva Backs AI Broker's Bid To Tackle Underinsurance
A company that says it is Britain's first artificial intelligence-based insurance broker has said it has raised almost £1 million ($1.28 million) from investors including Aviva and a venture capital firm in a preliminary funding round.
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August 19, 2025
Bridgehaven Pens Deal To Support Solicitor Indemnity Market
British specialty insurer Bridgehaven has said it will support managing general agent Pen Underwriting and its solicitors' professional indemnity portfolio under a new partnership.
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August 19, 2025
Pensions Watchdog Says £80M Returned To Scam Victims
More than £80 million ($108 million) has been paid out to pension savers who fell victim to scams, after a landmark court victory paved the way for compensation, the U.K. retirement savings watchdog said Tuesday.
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August 19, 2025
Insurance Giant Gallagher Closes $13B AssuredPartners Buy
Arthur J. Gallagher & Co. has completed its $13.5 billion acquisition of independent rival AssuredPartners Inc. as the global insurance brokerage seeks to benefit from strengthening its niche industry expertise and growing its U.K. and Ireland operations.
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August 18, 2025
Aviva Launches Flexible Annuity To Boost Retirement Control
Aviva said Monday that it has launched a new retirement income program that pays a guaranteed amount over a fixed term to give clients more control over their pension savings.
Expert Analysis
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Zurich Case Brings Clarity To Complex Contempt Proceedings
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.
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What A No-Deal Brexit Would Mean For Dispute Resolution
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.
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The Problem — And Opportunity — Of Implicit Bias In The Bar
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.
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Roundup
Pursuing Wellness
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.
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Series
Why I Became A Lawyer: Expanding The Meaning Of Diversity
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.
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2 Perspectives On Navigating The Litigation Funding Process
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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Answers To Key Legal Finance Ethics Questions
While there is discussion in some quarters about new regulations on commercial legal finance, the hands-off approach taken by the majority of courts and legislatures is an implicit recognition that it is already sufficiently regulated, says Danielle Cutrona of Burford Capital.
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Competing Legal Factors Vex Insurance Arbitration Disputes
The Fifth Circuit ruled in May that international arbitration policy trumped state insurance law in McDonnel Group v. Great Lakes Insurance. But the courts have been inconsistent in applying conformity-to-statute clauses, the McCarran-Ferguson Act and a related U.S. treaty in the battle between federal preemption and state reverse preemption, says Gilbert Samberg at Mintz.
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Cannabis Investors Should Beware Money Laundering Risk
Even if marijuana-related businesses are in compliance with local laws, their investors are not free of legal risk so long as cannabis remains a controlled drug in other countries, such as the U.K., say Robert Dalling and Wade Thomson of Jenner & Block.
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Real-Life Lessons For Lawyers From 'Game Of Thrones'
What lessons can the various hands, maesters, council members and other advisers in "Game of Thrones" impart to real-life lawyers? Quite a few, if we assume that the Model Rules of Professional Conduct were adopted by the Seven Kingdoms, says Edward Reich of Dentons.
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UK Firms Should Be Prepared For Government Raids
Recent enforcement activity from the Financial Conduct Authority and other regulators highlight the penalties firms face for procedural breaches, and the value in ensuring that employees are well-equipped to handle unannounced inspections, say James Marshall and Sonja Hainsworth of Bryan Cave.
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Series
Why I Became A Lawyer: Completing The Journey Home
My mother's connection to her Native American heritage had a major influence on my career — my decision to enter the legal profession was driven by the desire to return to my tribal community and help it in any way I could, says Jason Hauter of Akin Gump.
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3 Insurance Issues Raised By The Notre Dame Cathedral Fire
The devastating Notre Dame Cathedral fire provides a rare opportunity to consider the many unique factors that owners and insurers must consider when insuring national treasures, say attorneys at Zelle.
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Where The Post-Libor Litigation Tsunami Will Hit
The permanent cessation of the Libor rate in 2021 will likely trigger a flood of litigation over many existing contracts that lack effective replacements. Marc Gottridge of Hogan Lovells identifies the types of products that may be most susceptible to disputes.
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Despite Decline In Cyberattacks, UK Cos. Should Stay Vigilant
The U.K. Department for Digital, Culture, Media and Sport's latest cybersecurity survey shows that U.K. cyberattacks have decreased in the last 12 months, likely thanks in part to the General Data Protection Regulation. But companies' cybersecurity efforts should continue to evolve, say experts at PriceWaterhouseCoopers.