Insurance UK

  • September 24, 2025

    FCA Faces Legal Challenge Over Bond Data Contract Award

    The Financial Conduct Authority said Wednesday that it has received a legal challenge to its decision to award a contract for the bond consolidated tape provider, delaying the regulator's contract with the successful bidder.

  • September 24, 2025

    Ship Co. Seeks $5M Payout For Vessel Hit By Houthi Rockets

    A shipping company has told a London court that its insurer can't avoid a $5 million payout to cover a vessel that was sunk by Yemen-based Houthi rebels, arguing the attack did not fall under a war exemption.

  • September 24, 2025

    'Muted' Start For Pension Deals As Market Falls To £9.8B

    The value of pension transactions in the first half of the year fell by around 41% compared to the same period last year, a consultancy said Wednesday, describing it as a "muted" start for the normally busy bulk annuity market.

  • September 24, 2025

    Gowling Guides Trustees On £160M Portakabin Pension Deal

    U.K.-based modular building provider Portakabin Ltd. has completed a £160 million ($215.5 million) full-scheme buy-in of its pension plan with Aviva PLC, the insurance giant said Wednesday.

  • September 24, 2025

    Tokio Marine Updates Cyber-Products Amid Evolving Threat

    Global insurer Tokio Marine Kiln said it has expanded the range of cyber-insurance products it offers to meet what it called the evolving threat of digital criminals.

  • September 23, 2025

    UK Pension Deal Market Set To Top £40B For Third Year

    The U.K. pension insurance market is set for another record year, with transaction numbers expected to hit 350 and total buy-in and buy-out volumes forecast to exceed £40 billion ($54 billion), consultancy Lane Clark & Peacock said Tuesday.

  • September 23, 2025

    CORRECTED: DWF Expands Injury Practice With 28 Hires From Kennedys

    DWF LLP said Tuesday that it has taken on 29 new recruits in London and Leeds to strengthen its major injury and casualty practice, with almost the entire intake joining from Kennedys Law LLP.

  • September 23, 2025

    Mayer Brown Steers £61M Royal London Pension Deal

    Mutual life insurer Royal London said Tuesday it has taken on retirement scheme liabilities worth £61 million ($82.5 million) from a pension plan sponsored by a renewable products company, in a deal guided by Mayer Brown LLP and Burges Salmon LLP.

  • September 23, 2025

    UK Lifeboat Fund Halts Levy On Pension Schemes

    The Pension Protection Fund said Tuesday that in 2025-2026 it will not charge a levy to defined benefit pension schemes to help it pay out to retired employees if the sponsoring employer should become insolvent.

  • September 23, 2025

    Consumer Group Files Insurance 'Super Complaint' To FCA

    The U.K.'s financial regulator has failed to properly protect consumers from sharp practices used by the insurance sector, according to a formal complaint filed on behalf of millions of policyholders on Tuesday.

  • September 23, 2025

    UK Pension System Faces Overhaul Call To Prevent Poverty

    Millions of Britons could face poverty in later life unless the government-appointed Pensions Commission comes up with a bold plan for reform, a pension provider warned Tuesday.

  • 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.

  • 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.

  • 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.

  • 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.  

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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. 

  • 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.

  • 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.

  • 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.

Expert Analysis

  • Post-Pandemic Litigation To Expect In England And Wales

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    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.

  • UK Lawyers Can Adapt Due Diligence To Screen New Clients

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    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.

  • A UK Business View Of COVID-19's Economic Fallout

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    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.

  • Remote Depositions Bring Ethics Considerations For Lawyers

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    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.

  • Time For Presumptive Virtual Mediation In The UK

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    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.

  • UK 'Property' Classification Boosts Confidence In Bitcoin

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    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.

  • 3 EU And UK Data Protection Tips During COVID-19

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    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.

  • Novolex Case Brings Lessons On R&W Insurance

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    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.

  • How Proposed EU Class Action Directive Could Affect Insurers

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    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.

  • COVID-19 Insurance Considerations For UK Cos.

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    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.

  • UK Group Data Breach Claims Pose Big Financial Risks

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    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.

  • A Crucial Chance For UK Supreme Court To Clarify Arbitrator Bias

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    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.

  • Rebuttal

    Legal Industry Should Pursue AI Prediction Progress

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    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.

  • Rebuttal

    AI Can't Accurately Predict Case Length And Cost — Yet

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    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.

  • What To Expect During The Brexit Transition Period

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    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.

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