Change of pace

There is little doubt that changes need to be made in the contracts offered by the UK protection market, however, agreeing on its options is not proving quite so easy. While the market has been discussing the way forward for a number of years, the subject has recently been prioritised on the back of proposals issued by the Law Commission. Contract law is an evolving area although the pace of change is rarely fast and often lags behind up-to-the-minute practices and procedures. Indeed, the Law Commission makes reference to the many calls for reform over the last fifty years and comments: "...