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15th June 2020

UPDATE - Business Interruption Insurance FCA Test Case

How to keep informed about The Financial Conduct Authority’s test case on Business Interruption Insurance.
As the FCA is bringing its business interruption insurance test case under its mandate as the conduct regulator of the UK’s financial services sector and given the significance of and public interest in the case, the regulator has been making public what it has been doing. This has included the publication last week of the court papers in which the FCA sets out in detail the questions and arguments it is bringing before the Court for determination. The insurers’ case and arguments should follow next week.

Use the following link to find the latest updates from the FCA:

https://www.fca.org.uk/firms/business-interruption-insurance#latest-updates

The Court has also agreed to the live streaming of the first hearing (the first Case Management Conference) which is due to take place tomorrow (Tuesday, 16 June 2020) either from 10.00am or 10.30am (depending on listing). You should be able to view the hearing by clicking on the following link at the scheduled time:

https://fl-2020-000018.sparq.me.uk/

Dominic Hopkins is Head of Disputes and Litigation at Hewitsons and is advising on a business interruption insurance cover claim relevant to the FCA’s test case. For more information please contact him on 01604 233233 or click here to email him.
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