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Insurance UK
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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.
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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.
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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.
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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.
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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.
Expert Analysis
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Opinion
Legal Prediction Is Demanding But Not Impossible
The New Jersey Supreme Court’s recent decision in Balducci v. Cige incorrectly concluded that predicting the length and cost of a case is nearly impossible, and overlooked artificial intelligence's ability to do so, says Joseph Avery with Claudius Legal Intelligence.
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Surefire Marketing Methods To Build Your Legal Practice
Attorneys who take the time and the risk to showcase their talents through speaking, writing and teaching will find that opportunities will begin building upon themselves, says Daniel Karon of Karon LLC.
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Mandatory Mediation May Lie Ahead For England And Wales
The U.K. Court of Appeals' decision in Lomax v. Lomax, among other recent developments, show significant judicial support for compulsory mediation of appropriate civil and commercial cases in England and Wales, say Margarita Michael and Grace Spurgeon of O'Melveny.
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Key Risks And Developments For UK Law Firm Culture In 2020
In 2020, law firms throughout the U.K. will be increasingly reshaped by rapid changes in societal expectations and advances in technology, say Helen Rowlands and Niya Phiri of Clyde & Co.
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Cos. Can Start Preparing Now For Immigration Beyond Brexit
Ahead of the U.K.'s likely departure from the European Union on Jan. 31, 2020, companies should use the one-year transition period to help workers understand any new registration requirements, evaluate budgetary concerns and expedite any employee relocations, say Julia Onslow-Cole and Charlotte Wills at Fragomen.
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#MeToo Pressure On UK Businesses Is Set To Rise
Recent declarations by the Financial Conduct Authority and Prudential Regulation Authority indicate that sexual harassment in the U.K.'s financial services industry may lead to consequences under the newly expanded Senior Managers and Certification Regime, and other sectors are facing growing scrutiny as well, say attorneys at Covington.
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Opinion
UK's Insurer Investigations May Not Help Policyholders
The U.K. Ministry of Justice's recent investigations into insurers suspected of not passing on savings to consumers suggests insurers may see consequences for their hollow promises, but only if the government follows through to hold insurers accountable, says Tom Jones of Thompsons Solicitors.
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The Outlook For Autonomous Vehicles In The UK And US
As both the U.K. and U.S. governments continue to develop regulatory frameworks for autonomous vehicles, manufacturers can take certain steps to avoid litigation and manage risk, say attorneys at FaegreBD.
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Brexit's Impact On London As A Top Int'l Arbitration Seat
Despite concerns that London may be considered a less attractive place to do business post-Brexit, there are many reasons to believe that the city will retain its position as a globally favored arbitral seat, say Adrian Jones and James Wagner at FaegreBD.
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Post-Brexit UK Likely To Conform With EU On Human Rights
In a recent speech, U.K. Foreign Secretary Dominic Raab stated his intent to expand sanctions for human rights violations by extending the so-called Magnitsky amendment, strongly indicating that Britain's exit from the EU would be unlikely to disrupt coordinated efforts to address international transgressions against human rights, says Stephen Baker at Baker & Partners.
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The Evolution Of GDPR Enforcement Across The EU
With the last few months bringing significant fines to major businesses that have breached the European Union's General Data Protection Regulation, it is clear that regulators are moving away from the light-touch approach they employed during the transition to the new rules, says James Simpson of Blaser Mills.
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Series
Why I Became A Lawyer: Being There For Families In Trouble
My parents' contentious, drawn-out divorce was one of the worst experiences of my life. But it taught me how to be resilient — and ultimately led me to leave corporate litigation for a career in family law, helping other families during their own difficult times, says Sheryl Seiden of Seiden Family Law.
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3 Ways To Leverage Vulnerability For Lawyer Well-Being
Admitting to imperfection is an elusive construct in the legal industry, but addressing this roadblock by capitalizing on vulnerabilities can increase personal and professional power, says life coach and attorney Julie Krolczyk.
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Zurich Case Brings Clarity To Complex Contempt Proceedings
The U.K. Court of Appeal's recent decision in Zurich v. Romaine provides insight into the meaning of "in the public interest" in the context of bringing contempt proceedings against a party or witness who verifies false claims, says Matt Peacock of Signature Litigation.
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What A No-Deal Brexit Would Mean For Dispute Resolution
In the event of a no-deal Brexit, arbitration may become a more attractive option as a dispute resolution mechanism, as it offers relatively easy enforcement and clauses that could negate some uncertainty caused by Brexit, says Donna Goldsworthy of BDB Pitmans.