Blog: How to prepare for the Insurance Act's duty of disclosure
Among the many impacts the Insurance Act 2015 will have on insurers, brokers and insured parties alike is the duty of disclosure. The inherent question is: if a material change is in the public domain, does this mean an insurer is deemed to know about it?
The complexity and ambiguity around what is presented to the insurer via the customer/broker and what an insurer simply should know, especially when the change may be material, will be a matter for
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