The company is one of many inurers battling policyholders who want a pandemic-related business interruption payout
Hiscox chief executive Bronek Masojada said he welcomed the FCA test case, despite the potential impact on the insurer should the verdict go against it.
“We always felt this process would have ramifications for the business as a whole,” he said during the company’s half-year results earnings call held this morning.
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