The FCA warned insurers and brokers that any assessments must be completed by 3 December.
All employees of the Leicester-headquartered broker will remain with the business following completion of PIB’s largest deal to date.
Research from Premium Credit shows over half of SMEs have stopped paying for covers including employers' liability and professional indemnity as well as business interruption.
The insurer is not challenging the judgement on three wordings as the coronavirus business interruption proceedings head to the Supreme Court.
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