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The Third Parties (Rights Against Insurers) Act 2010 (the Act). 1001 or 1003 of the Companies Act 2006. 61.4 Third party action against the insurer. Under the 1930 Act, a third party cannot.. The third party's claim against the insurer is subject to the same limitation period as the insured's claim against the insurer: six years from the date the cause of action arose, which is the date when the insured's liability to the third party was established.. The Third Parties (Rights against Insurers) Act 2010 will come into force on 1.

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The new legislation will allow a third party to issue proceedings directly against the insurer, removing the need to restore the dissolved company in order to make a claim. The 2010 Act modernises.. 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. [25th March 2010] B e it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this.