The modern world provides constant challenges for the insurance industry. Whether this is from the point of view of regulation, legislation or emerging and changing risks across all classes of business. How does this affect your contract wordings? Are you up to date with regulatory requirements? Are your contracts compliance and fit for purpose?
This briefing takes a look at some of the important considerations faced by the insurance industry from a wordings perspective and provides examples of pitfalls and common issues to bear in mind.