The Insurance Act (2015)

The Insurance Act 2015 updated UK insurance laws to improve fairness and transparency. It sets clearer rules for insurers and policyholders, including how policies are handled, what information must be disclosed, and how claims are processed. The Act emphasizes good faith, requiring parties to act honestly and share relevant information. It also improves dispute resolution and clarifies the duties of insurers and policyholders, making the insurance process more equitable. Overall, it aims to protect consumers and promote transparency in the insurance market.