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

Gavel_getty

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.

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