Briefing: Could brokers be next in-line for the Covid-19 BI scandal?

High Court

The FCA test case on the validity of business interruption claims in the wake of the coronavirus outbreak will start next month. While insurers have been the ones under the spotlight so far, brokers could be next if insurer’s get a favourable outcome

So far, brokers have been relatively unaffected by the fallout from insurers denying business interruption claims, but that will all change if the High Court sides with insurers and claims are denied.

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