New Insurance Code of Practice in Australia
| 16 Jul 2015
A new Code of Practice relating to the sales of general insurance products and claims handling in Australia came into force on 1st July 2015. Although not applicable to the way insurance is sold and claims are dealt with in the U.K., time limits for various elements within the claims process are laid down which firms are required to comply with if complaints are to be avoided. How long will it be before similar provisions and time limits will apply elsewhere in the world?
2015 Annual General Meeting
| 15 May 2015
The 2015 Annual General Meeting took place at The Counting House,Cornhill, London EC3 on 14 May. The existing officers and board members were re-elected for the forthcoming year. Copies of the Chairman's Report and Accounts can be found on the members section of this web site. Discussion took place on matters raised by the Chairman and members present, as well as progress towards the launch of ILAA's Claims Review Service.
The Insurance Act 2015
| 19 Feb 2015
The Insurance Act 2015 received Royal Assent on 12 February 2015. Although most of its provisions, involving the Duty of Fair Presentation, Policy Warranties, Remedies for Fraudulent Claims and modification of the principle of "Utmost Good Faith" do not come into force until 12 August 2016, members can find a copy of the Act, comments on its drafting and much other information in the Member's section of this website.
2014 Autumn Symposium
| 15 Nov 2014
Presentations and discussion on topics including Professional Indemnity Insurance; B.I. Wide Area Damage; Smouldering and Self Heating and Building Damage were covered at this year's Autumn Symposium. Summaries of the presentations will shortly be available on the Member's section of this web site.
Autumn Symposium 2014
| 15 Oct 2014
The Association's Autumn Symposium will again take place this year at Little Hallingbury Mill, Gaston Green, nr. Bishops Stortford on Thursday 13 November 2014. The cost for members is just £40 (£60 for non-members) for a full day of technical papers delivered by industry experts and discussion (including a buffet lunch). Further details are available from our Secretary.