FCA Covid test case ‘difficult time for insurers reputationally’ - Allianz chief Jon Dye

Jon dye new nov 2017

Allianz chief exec said he understood why brokers and customers might argue that the business interruption cover is there

The FCA business interruption test case has been ”a difficult time reputationally” for insurers, Allianz chief executive Jon Dye told Insurance Times.

”The business interruption issue is clearly there, and I don’t think anybody could disagree that reputationally it’s been a difficult time for the industry”, Dye said as part of a wider discussion of the company’s half year results.

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