About Insurance & Reinsurance Law
Lexis®+ Insurance & Reinsurance caters for both contentious and non-contentious practitioners. It delivers practical guidance on topics ranging from regulatory obligations that apply to insurers and insurance intermediaries, to key legal concepts
in insurance and reinsurance law and practice, to guidance on particular classes of insurance.
Insurance claims
We provide practical guidance in relation to insurance claims, including on subrogation, allocation and aggregation, together with detailed guidance on relevant legislation.
Regulation of insurance
We provide comprehensive guidance on the regulation of insurance in the UK and the EU, alongside trackers and guidance on hot topics such as implementing the FCA's new consumer duty.
Types of insurance
Our guidance includes Practice Notes on the different types of insurance, ranging from aviation insurance to warranty and indemnity cover, and everything in between.
Intermediaries and market practice
Get practical guidance on the functions and duties of insurance intermediaries along with guidance on insurance and reinsurance market practice. This includes a detailed glossary and Practice Notes pack.
Our Insurance & Reinsurance Experts
Susie Wakefield
Charlotte Shakespeare
Rebecca Huggins
Bob Haken
Jonathan Drake
Latest Insurance & Reinsurance News
Law360, London: A trade body for insurance brokers has called for a regulatory overhaul to reduce the burden on the sector and bolster international...
Law360, London: Property insurance claims in the UK are expected to reach £5.5bn for 2024, the highest level since 2007 when insured flood losses...
Insurance Europe has responded to several consultations by the European Insurance and Occupational Pension’s Authority (EIOPA) as part of level 2 of...
The Bank of England (BoE) has published a speech delivered at The City UK by its financial stability strategy and risk executive director, Nathanaël...
This week's edition of Insurance & Reinsurance weekly highlights includes: Broker launches Ukraine property war risk reinsurance; Gallagher settles...
Latest Insurance & Reinsurance Practice Notes
The Pre-Action Protocol for Low Value Personal Injury Claims in Road Traffic AccidentsNOTE: The Pre-Action Protocol for Personal Injury Claims Below...
Practical application of the exemption from VAT for intermediary financial servicesWhy is the exemption for financial services important?VAT is a key...
Arbitration under the ARIAS (UK) Rules 2014This Practice Note provides guidance on the third edition of the ARIAS (UK) Rules adopted in 2014 (the...
Insurance and reinsurance arbitration—an introductionArbitrations arising from insurance and reinsurance disputes share many common features with...
Taking security over insurance policiesRights under insurance policies are a type of contractual right.Lenders can take security over insurance...
Latest Insurance & Reinsurance Precedents
Letter of claim—against a surveyor for breach of contract and, or alternatively, negligence in producing a valuation[ON THE HEADED NOTEPAPER OF...
Letter of claim—against a broker for breach of contract and, or alternatively, negligence in arranging or failing to arrange insurance cover[ON THE...
Letter of claim in respect of proposed proceedings against a barrister for negligence[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]Our ref:...
Letter of claim—against a solicitor for breach of contract and, or in the alternative, negligence[ON THE HEADED NOTEPAPER OF THE CLAIMANT’S...
Letter of claim—negligent misstatement by accountant[ON THE HEADED NOTEPAPER OF CLAIMANT’S SOLICITORS]Our ref: [insert your file reference for this...
Latest Insurance & Reinsurance Q&As
Featured Insurance & Reinsurance content
Insurable interest
Insurable interestThis Practice Note considers insurable interest, including insurable interest in construction and liability insurance. It also...
The functions and duties of insurance brokers—policy placement
The functions and duties of insurance brokers—policy placementThis Practice Note provides a high level introduction to the functions and duties of...
Public liability insurance—essentials
Public liability insurance—essentialsPublic liability insurancePublic liability insurance is a form of liability insurance that indemnifies a...
Double insurance and contribution
Double insurance and contributionOverlapping insurance policesThere are various reasons why an insured may end up with overlapping insurance cover,...
An introduction to Lloyd’s of London
An introduction to Lloyd’s of LondonWhat is the Lloyd’s market?The Lloyd’s market is an insurance market, whose origins date back to the seventeenth...
Insurance agents and brokers
Insurance agents and brokersWhat is the difference between an agent and a broker?Where insurance is transacted through an intermediary, that...
Professional indemnity insurance—essentials
Professional indemnity insurance—essentialsWhat is professional indemnity insurance?Professional indemnity insurance is a form of liability insurance....
General principles of insurance contract law
General principles of insurance contract lawWhat is insurance law?Insurance law can be split into three parts:•insurance contract law which governs...
Exclusion clauses in insurance contracts
Exclusion clauses in insurance contractsWhat are exclusion clausesUnlike some exclusion or exemption clauses in ordinary contracts, an exclusion...
Insurance premium
Insurance premiumAn insurance premium is the sum paid for insurance or reinsurance cover and is the consideration paid by the (re)insured for the...
Marine insurance—general principles
Marine insurance—general principlesThis Practice Note describes the main principles of marine insurance as governed by the Marine Insurance Act 1906....
What is a contract of insurance?
What is a contract of insurance?This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an...
Sanctions clauses and the effect of sanctions on insurance policies
Sanctions clauses and the effect of sanctions on insurance policiesThe Practice Note entitled EU/UK financial and trade sanctions for insurers...
Product liability and product recall insurance
Product liability and product recall insuranceWhat is product liability insurance?Product liability insurance provides an indemnity to a business in...
Trade credit insurance
Trade credit insuranceTrade credit insurance typically provides protection to a policyholder against non-payment of accounts receivable, due to the...
Reinsurance—essentials
Reinsurance—essentialsThe parties to a reinsurance contract and reinsurance terminologyThe principal parties to any reinsurance contract are the...
ICOBS Insurance: Conduct of Business Sourcebook—application, general matters, distance communications, information about the firm and product information
ICOBS Insurance: Conduct of Business Sourcebook—application, general matters, distance communications, information about the firm and product...
Terms of Business Agreement (TOBA)—insurer and managing agent/broker
Terms of Business Agreement (TOBA)—insurer and managing agent/brokerAn Agreement dated [date] governing the conduct of Insurance Business...
Associated legal terms
Material Fact
A fact that is known, or ought to be known by an insured, is material to be disclosed to insurers if it would affect their assessment of the risk, the terms on which they are willing to underwrite it, or the premium they require to do so.
Non-disclosure
The failure by an insured to declare a material fact, which would have affected the insurer’s ability to assess the risk, the terms of the policy and/or premium charged.
Professional indemnity insurance
Professional indemnity insurance is a commercial insurance to insure against liabilities (and defence costs), arising out of the acts, errors and omissions by professionals, such as architects, surveyors, solicitors, insurance brokers, IFAs and IT professions, in the ordinary course of their professional business.
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