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Insurance UK
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September 23, 2025
Fintech's Pledge Brings Finance Sector Investment To £110B
HM Treasury said Tuesday that financial technology company Revolut will invest £3 billion ($4 billion) into the U.K., bringing investment from major financial services companies to £110 billion in a week, after the government cut red tape to promote economic growth.
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September 23, 2025
Swiss, UK Regulators Team Up To Boost Investor Protection
Britain's financial regulators will work more closely with Switzerland's financial markets watchdog under an agreement to improve mutual market access and consumer protection.
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September 23, 2025
Dutch Insurance Tech Biz Raises €16.3M In VC Funding
Digital insurance platform Insify said Tuesday it has raised €16.3 million ($19.2 million) in a second round of private equity funding to further expand its services for freelancers and small and midsized businesses across Europe.
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September 22, 2025
Fraudsters Using Court Ruling To Inflate Claims, Allianz Says
Insurer Allianz UK said Monday that fraudsters are inflating claims by exploiting a legal precedent left after a landmark U.K. court ruling on whiplash.
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September 29, 2025
Clyde & Co. Adds Employment Lawyers From DAC Beachcroft
Clyde & Co. has hired two occupational disease experts as partners in its U.K. casualty insurance practice, as the firm reacts to growing client demand for specialist expertise in complex workplace litigation.
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September 22, 2025
Law Firm Launches Employment Claims Insurance Scheme
Trethowans LLP has launched a new service to help businesses reduce their exposure to the financial risks they face defending themselves at the employment tribunal as it becomes easier for workers to bring legal claims against their employers.
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September 22, 2025
Motorists Cutting Cover As Economy 'Squeezing' Budgets
Consultancy Broadstone said Monday that more than one in seven customers has disclosed that they had reduced their level of motor insurance cover in the past two years.
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September 22, 2025
Insurance Broker Ardonagh Europe Unit To Buy French Rival
Ardonagh Group said Monday that its subsidiary has agreed to acquire French specialist broker Groupe Leader Insurance, as the British insurer continues its European expansion.
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September 22, 2025
EU Fund Managers Push For Overhaul Of Crypto-Asset Rules
A trade body for European asset managers urged policymakers Monday to reform the crypto-assets regulatory framework to make capital markets more competitive.
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September 19, 2025
Lords To Probe Inheritance Tax Reforms For Pensions
The government's controversial plan to bring pensions wealth within the scope of inheritance tax will be examined by a House of Lords committee as part of a wider review of new legislation.
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September 19, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen brokerage firm ADS Securities file a fresh claim against German entrepreneur Lars Windhorst, AmTrust and Endurance Worldwide Insurance tackle an ongoing £50 million ($67 million) dispute over a failed litigation and insurance scheme, and Howard Kennedy LLP sue the son of a diamond tycoon over a £3.1 million legal bill.
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September 19, 2025
Motor Policyholders To Receive £200M After FCA Steps In
More than 270,000 motorists will receive compensation from their insurers, the Financial Conduct Authority said Friday, after the watchdog stepped in over poor claims handling practices by the sector.
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September 19, 2025
DLA Piper Leads £113M Aviva Department Store Pension Deals
Insurance giant Aviva said Friday it has completed pension deals totaling £113 million ($152.5 million) for two schemes sponsored by British department store Fenwick Ltd., in a deal guided by DLA Piper.
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September 19, 2025
AmTrust, Novitas Settle £56M Litigation Funding Dispute
A legal loans company has settled its £56 million ($76 million) claim against AmTrust over who should cover the costs of a failed litigation funding scheme, a lawyer for the insurance giant told a court Friday.
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September 19, 2025
Norton Rose-Led Howden To Buy US Rival Gravitas
Howden Group Holdings Ltd. has agreed to acquire Gravitas Insurance, a U.S.-based contingency insurance brokerage for music, sport and live events.
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September 19, 2025
Gov't Pensions Unit Puts Dashboards At Heart Of 3-Year Plan
The U.K. government-sponsored body tasked with delivering the long-awaited pensions dashboards program designed to allow people to track their retirement savings has said the project is central to its strategy over the next three years.
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September 19, 2025
Specialty Insurer Fortegra Joins UK Trade Body ABI
Fortegra Insurance UK has signed up to Association of British Insurers, saying joining the trade body marks a significant step in its commitment to the market.
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September 18, 2025
Women 'Hit Hard' By State Pension Age Increases
Historical increases in the state pension age have had a disproportionate adverse effect on women in their late 50s who are not working, the Institute for Fiscal Studies has said.
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September 18, 2025
Charity Pension Plans 'Closer Than Ever' To Buyouts
The combined reserves of the 40 biggest charities in England and Wales that sponsor defined benefit retirement savings plans has dropped slightly, but many pension programs in the sector are now "closer than ever" to buyout, according to Hymans Robertson.
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September 18, 2025
Watchdog Weighing Rules Change On Offshore Reinsurance
The U.K.'s financial watchdog said Thursday it is considering changes to regulation because it is worried about the threat posed by offshore risk transfer deals used by life insurers to meet surging demand from the pensions industry.
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September 18, 2025
Gov't Told To Remove Barriers To UK Pension Investment
The government should lower the barriers to investment faced by the U.K.'s £3.2 trillion ($4.4 trillion) pensions sector if it is to secure additional funding for the economy, a trade body has said.
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September 18, 2025
UK Faces Pensions Crisis As Millions Risk Retirement Penury
Britain will have to radically rethink what retirement means, amid a growing number of warning signs that millions of savers will have to work longer and retire with less income than their parents, unless the government intervenes, pension experts have warned.
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September 18, 2025
UK Gov't Urged To Clarify Climate Plans For Pension Schemes
The government must make its proposals for large companies and financial institutions to publish strategies for how they intend to align their businesses with global climate targets "clear, concise and relevant for pension schemes," a consultancy has said.
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September 18, 2025
Allied World Denies Liability In £3M 'Ponzi Scheme' Dispute
An insurer has argued that it does not have to indemnify the liquidators of the business behind an investment plan for more than £3 million ($4 million), arguing there is no evidence that the investment was a Ponzi scheme.
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September 17, 2025
Generali Denies £2M Claim Over Astellas Worker's Alzheimer's
Generali Group has denied unreasonably refusing to pay out almost £2 million ($2.7 million) to Astellas on an income protection policy for a staffer with Alzheimer's disease, arguing that the employee did not become unable to work before the policy ended.
Expert Analysis
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Post-Pandemic Litigation To Expect In England And Wales
Globally, we are already starting to see insolvency-related claims and a number of insurance, breach of contract, employment and securities class actions across numerous sectors. These and other claims will likely increase for U.K. businesses, say Tracey Dovaston and Fiona Huntriss at Boies Schiller.
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UK Lawyers Can Adapt Due Diligence To Screen New Clients
As COVID-19-related fraud gains pace, U.K.-based practitioners should help combat money laundering by using alternative methods to verify that new clients are who they say they are, says Christopher Convey, a barrister at 33 Chancery Lane and chair of the Bar Council's Money Laundering Working Group.
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A UK Business View Of COVID-19's Economic Fallout
Covington attorneys Alex Leitch and Harry Denlegh-Maxwell provide a bird's-eye view of how U.K. businesses will navigate the legal and economic aftermath of the pandemic, including discussion of where litigation funding, class actions, insurance disputes and force majeure fit it.
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Remote Depositions Bring Ethics Considerations For Lawyers
Utilizing virtual litigation technologies and participating in remote depositions require attorneys to beware of inadvertently violating their ethical obligations, including the principal duty to provide competent representation, say attorneys at Troutman Sanders.
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Time For Presumptive Virtual Mediation In The UK
While the COVID-19 outbreak is a real-time test of the U.K. justice system’s adaptability and innovation, it is also an opportunity to deliver alternative dispute resolution through virtual technology — and there are two ways in which this could be achieved, says Suzanne Rab at Serle Court.
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UK 'Property' Classification Boosts Confidence In Bitcoin
In AA v. Persons Unknown, the English High Court classified bitcoins as property that can be the subject of proprietary injunctions, indicating the slow but growing acceptance of virtual currencies within the U.K., say Steven De Lara and Colin Grech at Signature Litigation.
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3 EU And UK Data Protection Tips During COVID-19
Though EU and U.K. data protection laws should not impede the fight against COVID-19, companies must continue to protect individuals' data, and the challenges of managing a remote workforce and the desire for information about the virus’s impact have significant implications for that responsibility, say attorneys at Debevoise.
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Novolex Case Brings Lessons On R&W Insurance
A New York state court dispute between Novolex and a few of its insurers concerning coverage under a representations and warranties policy for a $267 million loss offers a rare glimpse into how a court might interpret acquisition agreements and insurance policy provisions, say attorneys at Hunton.
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How Proposed EU Class Action Directive Could Affect Insurers
Insurers should beware the explosive potential of the EU's proposed directive providing for cross-border class actions and third-party funding for such actions, although it also bears strict requirements that will limit the number of cases, say Emmanuèle Lutfalla and Simon Fitzpatrick at Signature Litigation.
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COVID-19 Insurance Considerations For UK Cos.
Though a new U.K. regulation recently made it easier for businesses to claim losses related to COVID-19, potential points of contention when seeking insurance coverage include whether the government ordered the business to close and whether an outbreak occurred at the premises, say attorneys at Covington.
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UK Group Data Breach Claims Pose Big Financial Risks
Recent English court decisions appear to make it easier for data breach victims to bring collective actions, and consequently companies may find they are liable for huge sums in addition to fines under the General Data Protection Regulation, say attorneys at Morrison & Foerster.
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A Crucial Chance For UK Supreme Court To Clarify Arbitrator Bias
In Halliburton v. Chubb, the U.K. Supreme Court has an opportunity to tackle uncomfortable questions and support confidence in London's arbitration sector by policing effectively against bias and impartiality when arbitrators are involved in multiple tribunals, says Rosie Wild at Cooke Young.
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Rebuttal
Legal Industry Should Pursue AI Prediction Progress
As part of the debate prompted by my recent Law360 guest article on legal prediction using artificial intelligence, I would like to unpack four issues and suggest that attorneys and technologists continue to tackle the problems presently within reach, says Joseph Avery at Claudius Legal Intelligence.
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Rebuttal
AI Can't Accurately Predict Case Length And Cost — Yet
A recent Law360 guest article argued that artificial intelligence can precisely estimate the length and cost of a new case, but several limitations will likely delay truly accurate predictions for years to come, says Andrew Russell at Shaw Keller.
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What To Expect During The Brexit Transition Period
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.