Broker Scheme Focus: FCA test case result has ‘amplified’ impact on broker schemes

dominoes

Insurance Times speaks to experts across the sector to find out how broker schemes will be affected by the recent test case verdict on the interpretation of business interruption policy wordings for Covid-19 claims

The business interruption test case verdict has sent shock waves across the insurance sector as those within the industry grapple with how to apply the ruling to their own wordings. This includes brokers that have partnered with insurers on broker schemes. The impact of the ruling on this niche in particular is “massive”, said Adam Harrison, business development manager at Aventus.

Read more…

(If you’re already a subscriber, please sign in here.)

Get access with a 14-day free trial

This article is usually available exclusively to subscribers.

Subscribe for full access - Take out a print and online or online only subscription

For a limited period, you can enjoy all the benefits of an online subscription free for 14 days. Sign up now to read this article in full and to enjoy unlimited access to premium online content, a digital edition of the latest issue, plus an online archive of back issues.

Also, as a registered user, you will be able to -

  • Access unlimited breaking industry news as it happens
  • Sign up to a choice of daily and weekly newsletters

Register to view free premium content