The Insurance Act 2015: What You Should Know

    View Author July 2016

    The Insurance Act 2015 (the Act), which comes into force in England and Wales on 12 August 2016, is the most significant reform of English insurance contract law in more than 100 years.

    The provisions of the Act apply to all (non-consumer) contracts of insurance and reinsurance that are governed by English law regardless of the country in which the policy is underwritten. It also applies to any variations to existing insurance contracts that are made after 12 August 2016.