Hiscox hints at appeal should FCA test case go against it

Fraudulent

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.

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