UKGlobal, Insurance, Healthcare & Protection Solutions
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Coronavirus [COVID-19] updates

In response to the impact of the Coronavirus [COVID-19] pandemic, we've created this web page to house all important news and information to help and assist with the running of your business.

If – as a result of Coronavirus – you are having difficulty paying your insurance premiums, or you want to consider reducing your insurance cover, please speak with your usual UKGlobal contact or get in touch with us on 0333 230 9280 or email enquiries@ukglobal.co.uk

FCA Coronavirus Update

Please see below update on recent FCA activity.

  • 30/06/2020: FCA updates guidance concerning its expectations of insurance firms during the coronavirus (Covid-19) crisis (no significant changes).
  • 24/07/2020: FCA announces proposals to extend a series of temporary measures to help customers who hold insurance and premium finance products and who may be in temporary financial difficulties because of coronavirus (Covid-19). The consultation period has now ended and further FCA advices are awaited.
  • 30/07/2020. FCA High Court test case, which seeks legal clarity on business interruption (BI) insurance during the coronavirus (Covid-19) crisis, ends. The Court hopes to have a draft judgement by mid-September and acknowledges how urgent the matter is as it affects many insureds (FCA estimate some 370,000).

For more information, please visit: https://www.fca.org.uk/coronavirus