Insurance Act implementation 'inconsistent': Airmic CEO

The Insurance Act has been implemented inconsistently and in a
way that is sometimes contrary to the spirit of the legislation,
according to the outgoing CEO UK risk manager trade body
Airmic.
Ten months after the most radical change in UK insurance law in
a century came into force, Airmic CEO John Hurrell said that some
brokers have adopted a "legal, contractual" approach to
dealing with the legislation.
The Insurance Act puts a greater onus on insurance buyers to
present...