On 12 August, the Insurance Act 2015 (the Act) came into force in the UK. As previously reported, the Act represents the largest change to UK commercial insurance law in over a hundred years. All new (re)insurance contracts or variations to (re)insurance contracts will be governed by the Act. The June 2016 edition of the Arthur Cox Insurance Regulatory Update outlines some key changes introduced by the Act including the treatment of warranties, the introduction of a duty of fair presentation and remedies for fraudulent claims.

A link to the Insurance Act 2015 is here and a link to the June 2016 edition of the Arthur Cox Insurance Regulatory Update is here