
Legal Focus

The rise of cryptoassets has wide-ranging implications for insurers
Rapid adoption of cryptoassets is likely to drive increased litigation and an upsurge in regulatory enforcement action

New pilot scheme will increase public availability of documents put before the court
The concept of ‘open justice’ has promoted a widening of non-party access rights and a new pilot initiative in the Commercial Court will substantially increase the ability of non-parties to access documents in the public domain

Risk management in the activities sector is not all fun and games
Recent cases illustrate some key lessons for companies operating in the sector and serve as a stark reminder of their duties and responsibilities

Premium hikes expose cracks in claims handling as FCA ramps up pressure
UK personal lines insurers have made progress in areas such as pricing reforms, but gaps remain in claims handling that risk eroding consumer confidence

Law relating to reimbursement of APP scams continues to develop
The insurance market has been innovative in responding to the evolving needs of banks and payment services providers with bespoke authorised push payment fraud products

A shifting pensions landscape has implications for professional liability insurers
Regulation is becoming tougher, oversight is increasing, and expectations are rising

New maritime decarbonisation technologies are impacting marine insurers
While many of these technologies are currently at early stages of development, their broader adoption will have implications for marine insurers

Interpreting political risk and political violence coverage
The judgement in Hamilton Corporate Member and others v Afghan Global Insurance provides a pragmatic interpretative framework for differentiating political risk from political violence in the context of English insurance law

EU introduces new rules governing use of artificial intelligence
As the use of AI advances rapidly, insurers should expect the regulatory landscape to continue to evolve

Awaab’s Law rewrites the rulebook for insurers on housing risk
With statutory deadlines looming, insurers and housing providers must prepare for a new era of accountability and transparency in the UK

The UK’s approach to regulatory enforcement is evolving
Firms face some significant new requirements as FCA threatens ‘loud and in your face’ enforcement

Regulators look to change management of climate risks
Proposals from the Prudential Regulation Authority represent a significant regulatory shift in the way UK insurers approach climate-related financial risk
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