Insurance UK

  • April 22, 2026

    Regulators Cut Burden On Senior Managers In Rule Changes

    The Financial Conduct Authority and Prudential Regulatory Authority set out on Wednesday finalized reforms to the Senior Managers and Certification Regime that will reduce costs and increase flexibility for businesses.

  • April 22, 2026

    FCA Faces Challenge Over Motor Finance Redress Formula

    A consumer organization said Wednesday that it will bring a legal challenge to review how the Financial Conduct Authority's £7.5 billion ($10 billion) motor finance redress system is calculated, the first time such a program has been tested.

  • April 22, 2026

    Pensions Regulator Names New Chair Amid Reforms

    The government has appointed Emma Douglas as the new chair of The Pensions Regulator, placing a veteran industry figure at the helm of the watchdog during a period of wide-ranging reform.

  • April 22, 2026

    Insurers Win Landmark Case Over COVID Grant Deductions

    Insurers were right to deduct the value of the government support that companies received during the COVID-19 pandemic from successful claims for business interruption, Britain's top court ruled Wednesday.

  • April 21, 2026

    EU Adopts Anti-Corruption Law With 5% Turnover Fines

    The European Union gave the final go-ahead Tuesday to a new directive on combating corruption, with fines of up to 5% of world turnover or €40 million ($47 million), adding a potential aggravating factor if offenders are banks or law firms.

  • April 21, 2026

    SRA Fights Axiom Ince's £65M Fraud Oversight Claim

    The Solicitors Regulation Authority hit back at claims from the now-defunct Axiom Ince that it was negligent in failing to spot the firm's leaders' alleged misappropriation of £65 million ($87.7 million) in client money early on.

  • April 21, 2026

    Clear Group Buys Rival Broker To Boost Presence In Scotland

    Commercial insurance broker Clear Group has acquired Scottish rival Spence Insurance to strengthen its presence in Scotland and support its business in the U.K.

  • April 21, 2026

    Doxa Enters UK Market With Eaton Gate Group Deal

    Goldman Sachs-backed U.S. insurance business Doxa has agreed to acquire the Eaton Gate Group, one of the largest independent managing general underwriters in the mid-market commercial insurance sector of the U.K., for an undisclosed amount.

  • April 21, 2026

    Insurer Royal London Launches 'Targeted Support' Service

    Royal London has become the first British company to launch a tailored investment advice service for its customers under the new "targeted support" regime designed by the financial regulator to bridge the gap between free guidance and personalized advice.

  • April 21, 2026

    CMS, Eversheds Steer Superfund Clara On £43M Pension Deal

    Defined benefit superfund Clara-Pensions said Tuesday that it has completed a pension deal worth £43 million ($58 million) for film industry company Videndum PLC, guided by Cameron McKenna Nabarro Olswang LLP and Eversheds Sutherland.

  • April 21, 2026

    FCA Picks 8 More Companies To Test AI On Customers

    The Financial Conduct Authority said Tuesday that it has chosen Barclays, Lloyds Banking Group's Scottish Widows, UBS and five other companies for a second round of live testing of artificial intelligence on real customers.

  • April 21, 2026

    Law Commission Mulls New Consumer Class Action Regime

    The Law Commission has said that it is considering the introduction of a new class action regime for consumer law claims that could replicate the collective proceedings system at the Competition Appeal Tribunal.

  • April 27, 2026

    The 2026 UK Lawyer Satisfaction Survey: Where Do You Stand?

    How is your work-life balance? Are you content with your compensation and opportunities for advancement at work? Take the 2026 Law360 UK Pulse Lawyer Satisfaction Survey and share your thoughts.

  • April 20, 2026

    EU Banks Urge Lawmakers To Stop Overlap In Regulations

    A trade body for European financial institutions called on lawmakers on Monday to finalize the bloc's single market for banking in order to address overlapping regulatory requirements that restrict competitiveness.

  • April 20, 2026

    FCA Sets Out 2026 Program For Helping Innovation And AI

    The Financial Conduct Authority set out its innovation priorities for 2026 to 2027 on Monday, promising better guidance for businesses to use its testing routes for developing new models in technologies including artificial intelligence.

  • April 20, 2026

    Aptia Group Buys Mercer's Pensions Guidance Business

    Pensions administrator Aptia Group said Monday that it has acquired a retirement savings guidance business from Mercer, which is owned by risk and reinsurance company Marsh.

  • April 20, 2026

    Hermes, Shell Funds Join Entain Claim Over Bribery Probe

    Four investment vehicles, including two Federated Hermes funds, a Shell pension fund and another managed by Morningstar, have joined a multimillion-pound claim alleging that Entain PLC failed to warn them of alleged bribery-related misconduct tied to its Turkish operations.

  • April 20, 2026

    Iran Conflict Will Test 'Cyberwar' Insurance Exclusions

    The rising threat of cyberattacks in connection with the Iran conflict could test the strength of war exclusions recently adopted by insurers to minimize fallout from a major attack, a ratings agency said Monday.

  • April 20, 2026

    Lloyd's Pulls Plug On Annual Diversity Festival

    Lloyd's of London has said it is ending its flagship diversity, equity and inclusion event after more than a decade as it pivots to a new approach to talent, skills and culture.

  • April 17, 2026

    Taxation With Representation: Skadden, Stikeman Elliott

    In this week's Taxation With Representation, Amazon.com Inc. buys satellite communications company Globalstar Inc., waste management company GFL Environmental Inc. acquires Secure Waste Infrastructure Corp., and Standard Life PLC buys the British subsidiary of Dutch insurer Aegon.

  • April 17, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen Aston Martin file an appeal in a row with Chinese carmaker Geely over its winged logo for London black cabs, Ineos sue Ben Ainslie's America's Cup team for a £180 million ($244 million) boat, White & Case face a claim from two energy storage companies, and a golf tour company bring a claim against Saudi Arabia's sovereign wealth fund after the fund invested in its rival.

  • April 17, 2026

    BoE To Keep Watch On Finance Firms' Safe AI Use This Year

    The Bank of England's regulatory arm committed Friday to monitoring finance companies' use of artificial intelligence as a priority to safeguard financial stability in its 2026-2027 business plan.

  • April 17, 2026

    US Broker Gallagher Acquires UK Insurance Biz

    Arthur J. Gallagher & Co. has acquired Bridge Insurance Brokers Ltd. in order to expand its U.K. and Ireland retail business.

  • April 17, 2026

    Insurer Launches $1B Marine War Cover For Hormuz Crisis

    The insurer Beazley has launched a new $1 billion consortium backed by Lloyd's syndicates to offer marine war insurance to vessels transiting the Strait of Hormuz.

  • April 17, 2026

    Gov't Defends Power To Shift UK Pensions To Private Assets

    The government has successfully reinstated controversial new powers into draft legislation that would allow it to compel pension funds to put money into U.K. investments.

Expert Analysis

  • 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.

  • Opinion

    Legal Prediction Is Demanding But Not Impossible

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    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.

  • Surefire Marketing Methods To Build Your Legal Practice

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    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.

  • Mandatory Mediation May Lie Ahead For England And Wales

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    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.

  • Key Risks And Developments For UK Law Firm Culture In 2020

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    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.

  • Cos. Can Start Preparing Now For Immigration Beyond Brexit

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    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.

  • #MeToo Pressure On UK Businesses Is Set To Rise

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    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.

  • Opinion

    UK's Insurer Investigations May Not Help Policyholders

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    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.

  • The Outlook For Autonomous Vehicles In The UK And US

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    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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