Canadian provider Intact and Danish insurer Tryg made a cash offer for RSA in November 2020.
Providers pledge to review claims and contact customers after the Supreme Court sided with the FCA and policyholders in the final verdict over payment of BI claims arising from Covid-19.
Shareholders are set to vote on the deal, which would see the UK part of the business sold to Canadian provider Intact, in January.
It may be nearly Christmas but there are still job moves to announce.
Gavin Wilkinson will take up his new role in May 2021, succeeding Ki CEO Mark Allan who will be free to focus on the Google-supported start-up.
Mark Richardson examines Intact's track record when it comes to integrating acquisitions and its approach to working with brokers.
Judges pledge to work quickly but there is no certainty on when policyholders and insurers will get a decision on the business interruption appeal as hearing concludes.
The Superme Court hearing of the business interruption test case continued for the third day as lawyers compared coronavirus to the Great Storm of 1987.
Insurers and the regulator set out their starkly differing views on the use of trends clauses on day two of the ongoing business interruption test case hearing at the Supreme Court.
RSA board says it will recommend the £7.2bn deal to shareholders as Intact and Tryg take next step to buy and split the insurer.
If a firm offer is made Intact will buy RSA's Canadian and UK & International operations.
Provider says new platform had been built in collaboration with brokers and designed to simplify the claim reporting process.
Some brokers expect potential deal to re-energise RSA, while others criticise the provider's "poor performance" and predict an uncertain future for its UK operations.
The hearing in the FCA's business interruption test case starts on 16 November and will be heard by the same judges that oversaw the Orient Express case, which insurers have been relying on during the court proceedings.
Two potential bidders are circling and proposing to split the provider.
The insurer stated that Canadian Intact Financial Corporation and Nordic insurer Tryg had approached the business.
Insurers and brokers are working together to raise funds for Insurance United Against Dementia on the Insurance Day of Giving.
The insurer is not challenging the judgement on three wordings as the coronavirus business interruption proceedings head to the Supreme Court.
Martin Scicluna is to exit the provider next year, says Sky News.
Eight parties in the FCA business interruption court case have been allowed to leapfrog appeals to the Supreme Court as QIC Europe is denied right to join the test case and Ecclesiastical withdraws.
Regulator says discussions between the parties involved in the case continue ahead of the next hearing on 2 October, as the watchdog along with seven insurers file "precautionary" applications to skip Court of Appeal.
Some providers involved in the business interruption test case are considering an appeal, while others welcome the result.
Disease and ‘hybrid’ wording policyholders are particularly well placed to seek compensation after the landmark High Court judgment today in the FCA's BI test case and those with prevention of access wordings may also find they have cover, law firm…
The insurer is also seeking to tackle complexity in its portfolio and downsize its office footprint following increased remote working in the wake of Covid-19.