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Opinion: Covid-19 claims against insurance brokers – where are we now?

Marcus Campbell

DAC Beachcroft’s Marcus Campbell explores the claims fallout for brokers 11 months on from the Supreme Court ruling

In our previous commentary on the impact of Covid-19, we have been keen to avoid predicting a flood of E&O claims against insurance brokers as a result of the pandemic.

The complexity of the policy interpretation issues relating to business interruption (BI) wordings was such that the FCA test case was necessary to try and bring some clarity to the key issues arising under disease, non-damage or hybrid BI wordings.

Following the test case there have – so far as policyholders are concerned –

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End of Year Review 2025: Gambit Insurance Solutions’ Ajay Mistry

Founder and director of Gambit Insurance Solutions and co-Chair of iCAN Ajay Mistry believes small brokers need to be more assertive in the soft market and predicts at least one insurer will launch a product in which over 80% of the commercial underwriting workflow is transparently AI-driven.

Ex-Jensten duo to launch SME MGA with Mission

Managing General Agent incubator Mission has announced that it has reached an agreement to support a new team in launching Kovrilo, a UK MGA that will provide a range of commercial insurance products tailored to SME clients.

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