The Word, March 2024
28 March 2024
Our March edition of The Word features articles on an array of topics.
In the regulatory world, we consider the proposed UK Cyber Governance Code. We also look at the FCA’s findings on good practice and areas for improvement in relation to The Consumer Duty, the proposed amendments to its investigation publicity policy and its order for Guaranteed Asset Protection insurers to pause sales by the end of the month.
We bring updates on the recently published LMA war and cyber operation clauses and the amended sanctions clauses guidance note, and address how NHS waiting lists are impacting insurers.
This edition also features a detailed dive into explaining the use of artificial intelligence to insurance customers.
Finally, ahead of Taylor Swift’s upcoming tour, we take a look into insuring music tours.
We hope you find the edition an interesting read.
Tim
Contents
- Explaining artificial intelligence use to insurance customers
- Lloyd’s Market Association Update
- GAP insurers ordered to pause sales
- Consumer Duty: Financial Conduct Authority (“FCA”) highlights areas of improvement
- UK Cyber Governance Code
- Insurance and Taylor Swift’s Eras tour
- Financial Conduct Authority enforcement to go public – a step too far?
- How is the National Health Service (NHS) waiting list impacting insurance?
Key contact
Tim Johnson
Partner
tim.johnson@brownejacobson.com
+44 (0)115 976 6557
Contact Tim
Meet the team
Tim Johnson
Partner
Joanna Wallens
Associate
Lauren Wilkinson
Trainee Solicitor
.jpg)
Thomas Gibby
Senior Associate
Related expertise
You may be interested in...
19 December 2024
Legal Update - The Word
The Word, December 2024
19 December 2024
Legal Update
Walking the fine line: The statutory duty of candour and insurance
19 December 2024
Legal Update
FCA launches consultation on broker remuneration for multi-occupancy buildings insurance
19 December 2024
Legal Update
AI is creating fraudulent claims
19 December 2024
Legal Update
Shoplifting epidemic by organised criminal gangs: The impact for insurers
19 December 2024
Legal Update
Death and disgrace policies: What can insurers learn about the allegations against Gregg Wallace?
19 December 2024
Legal Update
Insurance complaints surge continues
25 November 2024
Legal Update
The ‘grate’ cheese robbery: Implications for insurance professionals
25 November 2024
Legal Update
Environmental crime and the impact for insurers
25 November 2024
Legal Update
What might a Trump victory mean for the UK insurance industry?
25 November 2024
Legal Update
Post Office scandal: Lessons for underwriters
25 November 2024
Legal Update
Weather protection parametric insurance: A sign of things to come?
25 November 2024
Legal Update - The Word
The Word, November 2024
28 October 2024
Legal Update - The Word
The Word, October 2024
28 October 2024
Legal Update
Updates to the UK’s Arbitration Bill
28 October 2024
Legal Update
Ozempic: The rising costs and coverage issues of weight loss medication
28 October 2024
Legal Update
ICAEW: Changes to PII requirements
28 October 2024
Legal Update
Contractor insolvency: Peabody Trust v NHBC
17 October 2024
Legal Update
By a narrow 2 to 1 majority, the Court of Appeal finds in favour of insurers in the construction of an exclusion clause in a W&I policy
23 September 2024
Legal Update
LMA binders’ consultation
23 September 2024
Legal Update
Smooth sailing ahead: The LMA's new Open Form Default Clause
23 September 2024
Legal Update
PFAS: The issue that won’t go away
23 September 2024
Legal Update
Oklahoma earthquake: Racial discrimination in adjudication
23 September 2024
Legal Update
Vicarious liability for kinship foster carer abuse: Implications for local authority insurers
23 September 2024
Legal Update - The Word
The Word, September 2024
23 September 2024
Legal Update
Latest short-term insurance trends
29 August 2024
Legal Update - The Word
The Word, August 2024
29 July 2024
Legal Update
Words matter: Another case on the importance of accurate drafting
29 July 2024
Legal Update
London Fire Brigade to stop attending for automatic fire alarms: Implications for insurers
29 July 2024
Legal Update
Navigating Oil Price Cap legislation: LMA issues revised Cargo and Hull wordings
29 July 2024
Legal Update
It’s not cricket: Insurers change their mind about jurisdiction
29 July 2024
Legal Update - The Word
The Word, July 2024
27 June 2024
Legal Update
Multi-occupancy building insurance: Latest tribunal decision
27 June 2024
Legal Update - The Word
The Word, June 2024
28 May 2024
Legal Update - Consumer Duty
Updated UK Consumer Wordings Guidance: Browne Jacobson collaborates with the LMA
28 May 2024
Legal Update - Consumer Duty
From products to protection: The rise of embedded insurance
28 May 2024
Legal Update
The European Accessibility Act: Inclusive products and services
28 May 2024
Legal Update
Final FCA anti-greenwashing rule guidance published
28 May 2024
Legal Update - The Word
The Word, May 2024
24 April 2024