FCA Statement – 1 May

The Hiscox Action Group welcome this intervention by the Financial Conduct Authority, although we are seeking clarity as to what precisely their legal action will involve.

In the meantime we ask that Hiscox BI customers and our members please continue to engage with us and Mishcon as regards your claims.

FCA statement – insuring SMEs: business interruption

Today, the FCA is announcing that it intends to obtain a court declaration to resolve contractual uncertainty in business interruption (BI) insurance cover.

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