Hiscox Action Group attempts to join FCA BI test case
Group u-turns on desire to be part of FCA case as Hiscox continues to assess its separate arbitration claims.
The Hiscox Action Group (HAG) has formally applied to intervene in the Financial Conduct Authority (FCA) insurance test case following, the group claimed, “Hiscox’s failure to agree to an expedited arbitration process”.
The group, which initially elected to pursue its own action, now wishes to take part in the case and, despite the FCA acting on behalf of policyholders for the proceeding, it also wants policyholders to be involved and “have a voice”.
The group launched its own arbitration
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