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About: Third Parties (Rights against Insurers) Act 2010     Goto   Sponge   NotDistinct   Permalink

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The Third Parties (Rights against Insurers) Act 2010 received Royal Assent on 25 March 2010. Its long title describes it as An Act to make provision about the rights of third parties against insurers of liabilities to third parties in the case where the insured is insolvent, and in certain other cases. It came into force on 1 August 2016, over six years after its Royal Assent. The delay holding back its "long awaited" implementation was related to certain shortcomings concerning business insolvency, administration and dissolution, which were addressed in the Insurance Act 2015.