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Insurance and Reinsurance Update—17 April 2025: VAT exemption for telematics intermediaries; broker negligence/double insurance; IA 2015 warranties; EIOPA costs/returns; IAIS climate risk supervision; PRA matching adjustment accelerator

Published on: 17 April 2025

Published by a LexisNexis Insurance & Reinsurance expert
Legal News
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  • Cases and decision
  • Insurance types
  • EU Regulation
  • International Regulation
  • Cases tracker
  • Dates for your diary
  • New and updated content
  • New Q&A
  • No Weekly Highlights on 24 April 2025
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Cases and decision

WTGIL Ltd v Revenue and Customs Commissioners [2025] EWCA Civ 399. This dispute addresses the VAT treatment of a component within a niche motor insurance product targeted largely at motorists aged 17–25. A defining aspect of the cover is the compulsory installation of an in‑car electronic unit that captures and transmits driving data. The appeal to the Court of Appeal (Civil Division) followed the Upper Tribunal’s refusal of WTGIL Limited’s (formerly Ingenie Limited) challenge to a First‑tier Tribunal ruling. The First‑tier Tribunal had concluded that Ingenie could not reclaim input VAT arising from the supply and fitting of telematics devices (“Devices”) in vehicles of policyholders who had purchased specialist ‘black box’ insurance policies...

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