Looking ahead to insurance law reform

In this article Stephen Netherway and Stephen Kilner of CMS Cameron McKenna bring us up-to-date on the Law Commission’s proposals for an overhaul of insurance contract law and provide a summary of the latest paper on insurance intermediaries.

On 21 March the English and Scottish Law Commissions published their third paper in a series of Issues Papers forming part of their wider review of insurance contract law. Although very much intended to promote discussion, the suggestions outlined within the papers so far have the potential to cause far-reaching and significant changes to the insurance industry if adopted in a planned bill at the end of the decade.