Insurance Act ride likely to be bumpy but should usher in professionalism

08 Aug 2016

David Hertzell has spoken to Commercial Risk Europe about the imminent implementation of the Insurance Act and how he expects it to usher in a more professional approach to insurance placement.

David says that, "the Act will probably create a flurry of legal disputes as insurers look to test aspect of the new legislation." He also commented that the fact there will be disputes "is all right and proper as it will give greater clarity."

David goes on to say that he believes, in the longer term, that the Act should deliver higher professional standards when it comes to placing insurance contacts.

To read David's full interview and to be redirected to the Commercial Risk Europe website, please click here.

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Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to customers of BLM. Specialist legal advice should always be sought in any particular case.

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