FCA wins Business Interruption insurance case over COVID: what now?
The Supreme Court has ruled in favour of the FCA, and subsequently small businesses across the UK, in a Business Interruption insurance test case. The six insurers involved will be forced…
What limits of indemnity should I buy?
‘What limits of indemnity should I buy?’ is an often-asked question with no simple single sentence answer. The most straightforward answer an insurance broker will provide is probably ‘as much…
Why contract terms matter
Contract terms matter. Whether it’s insurance coverage and how your insurers will defend you, how your insurer will concede liability and make a third party payment, or if they’ll cover…
COVID-19 and Business Interruption – FCA Test Case
The COVID-19 Pandemic has brought about significant disruption across the majority of UK industries, with businesses facing substantial financial losses and in certain instances has led to insolvency. Policyholders have looked to their insurers…