Insurers still uncertain about Gender Discrimination rules

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With less than a year before the ECJ ruling on gender discrimination comes into effect, there is still confusion as to how insurers should respond, according to specialists.

Insurance industry dispute resolution law practice Clyde & Co believes there is a risk insurance contracts could unravel if insurance companies interpret the ruling in the wrong way. Gerry Quirk, a partner at Clyde & Co, explained: "The uncertainty lies in what should be considered a ‘new' contract. "The European Commission and HM Treasury are currently providing conflicting guidance around this." The EC has issued guidelines stating that a new contract includes any amendment to the terms or conditions of an existing contract as well as a renewal of a contract; but that a tacit ren...

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