Broker NDML pledges to “continue to fight” for QBE clients after judgment
MD Simon Mabb, along with the Night Time Industries Association, says he is both “pleased and frustrated” at the ruling from the High Court, as he notes Hiscox claims have been deemed legitimate, but the QBE result is “still unclear”.
Hospitality broker NDML and the Night Time Industries Association (NTIA) have stated they are “both pleased and frustrated” at the judgment in the Financial Conduct Authority’s business interruption test case.
The High Court said earlier today it had found in favour of small businesses and the FCA on many of the issues in the case.
However, NDML has described the verdict as “mixed”, stating that Hiscox claims have been recognised as legitimate, while the QBE result is “still unclear”.
The
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