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CHAPTER 7 Contracting out of the Insurance Act 2015 in commercial insurance contracts

Insurance Act 2015: A new regime for commercial and marine insurance law

Page 94 CHAPTER 7 Contracting out of the Insurance Act 2015 in commercial insurance contracts Contracting out of the Insurance Act 2015 in commercial insurance contracts Dr George Leloudas 1 7.1 Introduction Lord Davidson argued during the Parliamentary debate on the Insurance Bill that the British Government should “monitor and test the efficacy of Clause 16”. 2 The reason for making this suggestion was to “avoid relentless contracting out simply by way of forms [because it] … would undermine much of the benefit of this reform”. 3

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