The Third Parties (Rights Against Insurers) Act 2010

| 1 min read

This briefing looks at the introduction of the new Third Parties (Rights Against Insurers) Act, and the implications for insurers.

The Third Parties (Rights Against Insurers) Act 2010 received Royal Assent today (25 March 2010). It makes a number of changes to the Third Parties (Rights Against Insurers) Act 1930, with the aim of making it easier, quicker and less expensive for a third party claimant to recover compensation from the insurer of a defendant, without first having to institute proceedings against the insured. The changes brought in by the new Act are of relevance both to liability insurers and to insurers pursuing subrogated recovery actions.

Please see the attached briefing for further information.

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