Much at stake for insurers, brokers and policyholders as FCA test case kicks off

By Yannick Guerry2020-07-20T06:40:00

The ruling on this week’s test case could have profound reputational and economic implications for insurers and brokers alike

Brokers and insurers will be keenly awaiting the outcome of the FCA’s test case brought against eight insurers which begins today.

The case was brought after the financial ombudsman received numerous complains from businesses who were denied business interruption payouts by their insurers after being forced to close due to the Covid-19 pandemic.

(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.

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