Implications of UK Competition Law on the Insurance Sector

To ensure compliance with UK competition law, businesses need to understand how the regime applies to their particular activities. This practice note is designed to help insurance businesses by providing an overview of the applicable legal and regulatory framework and explaining the application of the regime in practice. This note includes summaries of insurance-related market studies and enforcement actions to provide examples of competition regulation in the insurance sector in the UK. It also sets out practical considerations to help insurance businesses prepare for, and mitigate, competition risks.

Reproduced from Practical Law with the permission of the publishers. For further information visit www.practicallaw.com.