News

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

By 2020-07-20T06:40:00

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.

Read more…

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

REGISTER NOW FOR FREE

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Uncover Secrets: Dive deep with exclusive annual reports, fueled by expert insights.
  • News That Matters: Award-winning coverage & analysis, delivered to your inbox.
  • Stay Ahead, Your Way: Daily or weekly - choose your news rhythm.
  • Own Your Learning: Curate your knowledge with a personalized library.

Register for FREE now and Keep Reading

Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.