Written by Adrian Bingham
The Insurance Act 2015 revamps outdated and unsatisfactory legislation.
The Insurance Act 2015, enacted in February and expected to come into force on 12 August 2016, effects some fundamental changes to the commercial insurance regime. It will supersede legislation that has been in force since 1906, and which had become widely regarded as out of step with modern business.
The new legislation has received a fair degree of attention from insurers and insurance law practitioners, but probably less so from others. The intent of this article is to summarise certain key aspects of the 2015 act, as relevant to the legal sector…
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I graduated from Cambridge University in 1984 with a degree in English literature, and qualified as a solicitor in 1988. Prior to joining Gordon Dadds in April 2014, I was a partner at Hextalls and Davenport Lyons. I focus on insurance and construction. My insurance experience includes advising on coverage and professional indemnity disputes, as well as insurance documentation and regulatory matters. In the construction arena, I represent developers and contractors in claims involving delay and disruption and disputes, and advise on contracts, terms of retainer, warranties, bonds, and other industry documents. I also deal with construction-related property claims, and am accredited as a construction adjudicator and as a mediator. Outside of work, I enjoy cricket, racket sports, chess, fly-fishing and wine.