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UKGlobal

COVID-19 news

FCA update on seeking legal clarity on BI insurance

Tue, June 16, 2020

The coronavirus pandemic has led to widespread disruption and business closures resulting in substantial financial loss. Many customers have made claims for these losses under their BI insurance policies. There has been widespread concern about the lack of clarity and certainty for some customers making these claims, and the basis on which some firms are making decisions in relation to claims.

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