UK Act of Parliament 2015 United Kingdom

Insurance Act 2015

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At a glance

Enforced by

FCA

What's here

2 compliance obligations, 7 practical guides across 4 topics · 3 journeys

Who this Act binds

Business-side actors with duties under this Act, ranked by how often they appear.

  • Any Person 2

Step-by-step journeys using this legislation

Walkthroughs that take you from a real business situation to compliance.

Relevant guidance

Practical guides for businesses affected by this Act, ordered by how closely they engage with it.

Direct — cites this Act

5 guides

Supporting — topic alignment

2 guides

Other Acts binding the same actors

For each actor bound by this Act, the other UK Acts that bind them most often. Useful for understanding the full compliance landscape facing each role.

Any Person also bound by 749 other Acts (top 5 shown)

What this Act requires

Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.

Part 1 — Insurance contracts: main definitions

Browse 1 other section in this Part — procedural / definitional / commencement

Part 2 — The duty of fair presentation

Browse 7 other sections in this Part — procedural / definitional / commencement

Part 3 — Warranties and other terms

Browse 3 other sections in this Part — procedural / definitional / commencement

Part 4 — Fraudulent claims

Browse 2 other sections in this Part — procedural / definitional / commencement

Part 4A — Late payment of claims

s.013

Implied term about payment of claims

  • Pay insurance claims within a reasonable time Any Person

Part 5 — Good faith and contracting out

Browse 5 other sections in this Part — procedural / definitional / commencement
s.016

Contracting out of the implied term about payment of claims: consumer and non-consumer insurance contracts

Part 6 — Amendment of the Third Parties (Rights against Insurers) Act 2010

Browse 2 other sections in this Part — procedural / definitional / commencement

Part 7 — General

Browse 3 other sections in this Part — procedural / definitional / commencement

Schedules

Browse 2 other Schedules — structural / supplementary
Read the full Act on legislation.gov.uk (opens in a new tab)

Official guidance

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Enforcement and responsible bodies

The regulators that administer or enforce this legislation.

FCA

Financial Conduct Authority

Regulation of financial services firms and markets. Supervises banks, insurers, investment firms, payment services, and cryptoasset businesses. Issues authorisations and enforces conduct …

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Browse legislation

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Regulators

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