Brokers believe BI dispute is "far from over" after test case judgment
Experts discuss next steps for brokers, industry reputation and expectations from clients after the High Court delivered an outcome that differed across the policy wordings under scrutiny.
Brokers have stated that the devil is in the detail after the High Court handed down its judgment in the business interruption test case brought forward by the Financial Conduct Authority (FCA) earlier this week.
On the day of the judgment, the regulator reported that the court had ruled in favour of policyholders and the FCA on the majority of the issues under scrutiny in the case.
However, the results differ across the policy wordings in question and the court has also ruled in favour of the
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