13.1 Although the need for reform of the law relating to insurance warranties and other terms has long been acknowledged and has been the subject of several reviews by the Law Commission, it was not until the Insurance Act 2015 that reform was finally implemented in the United Kingdom. Both New Zealand and Australia had previously implemented reform. Shortcomings have been identified with both the Australian and New Zealand approaches; these have been acknowledged in both jurisdictions, as well as overseas. Nevertheless, despite criticism and officially sanctioned reviews, practitioners in both jurisdictions have accepted the respective approaches and now view them as coping reasonably well with the challenges confronting them. Time will tell whether the same result is achieved by the Insurance Act 2015.