Brokers welcome momentum for FCA BI test case

Coronavirus

Pressure groups take different paths over whether to suspend their own legal proceedings while regulator's case goes forward as it is revealed three broker wordings from Pound Gates, Marsh and Gallagher will be assessed.

Brokers named in the Financial Conduct Authority (FCA) business interruption test case and brokers supporting clients fighting for pay outs amid the coronavirus pandemic have welcomed recent update on the proceedings.

On the 1 June, the Financial Conduct Authority revealed the eight insurers and the 17 wordings that will be highlighted as part of the legal action.

Brokers
Three broker-led policy wordings are set to be examined as part of the case.

These are the Marsh/Jelf Material Damage and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Markerstudy rebrands broking arm

Markerstudy Broking has been renamed to Markerstudy Distribution to encapsulate the range of products and services across the whole division, the business has confirmed.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: