Broker labels FCA test case as potentially ‘dangerous’ and ‘bizarre’
But MGA boss applauds the FCA’s intervention for accelerating ‘a process that might otherwise have taken months or years’
The FCA test case, set to clarify policy wordings and coverage questions arising from coronavirus-related business interruption (BI) claims, is “dangerous” and “bizarre” according to a Borehamwood-based broker.
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