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FS20/8: Business interruption insurance test case: feedback on draft guidance
These feedback statement is for the FCA draft guidance on the FCA's expectations for insurers and insurance intermediaries when handling claims and complaints for business interruption policies during the test case brought by the FCA. -
FCA proposes additional measures to help insurance customers in financial difficulty
The FCA has published proposals on how firms should continue to seek to help customers who hold insurance and premium finance products and may be in financial difficulty because of coronavirus (Covid-19), after 31 October 2020. -
Update on FCA test case of the validity of business interruption claims
FCA update on progress on its court action on business interruption (BI) insurance policies -
Business interruption insurance test case: Defence of Ecclesiastical Insurance Office Plc and MS Amlin Underwriting Ltd [pdf]
The Defendants to the business interruption insurance test case have now served their Defences. These state each Defendant’s written case, in response to the FCA’s Particulars of Claim. This is the defence for Ecclesiastical Insurance Office Plc -
Finalised Guidance: Coronavirus and customers in financial difficulty: additional guidance for insurance and premium firms [pdf]
This guidance (the October 2020 guidance) applies in the exceptional circumstances arising out of the coronavirus pandemic (Covid-19) and its impact on the financial situation of customers of insurance and premium finance involving regulated credit -
Business interruption test case: Insurers joint submissions on common declarations [pdf]
This details the joint submissions of Arch, Argenta, Hiscox, MS Amlin, QBE and RSA in relation to common declarations. -
Complaints fall by 5%: PPI, current accounts and general insurance still most complained about products
The latest complaints data published by the Financial Conduct Authority (FCA) shows financial services firms received 2,358,732 new complaints between January and June 2014. -
Automated advice: existing rules and guidance
Before applying for Innovation Pathways, read our existing rules and guidance to check whether your question is covered. -
Second Supervisory Notice 2020: Perry Prowse (Insurance Consultants) Ltd [pdf]
Second Supervisory Notice for Perry Prowse (Insurance Consultants) Ltd. -
FCA launch consultation to assist parties in proving presence of coronavirus in business interruption insurance claims
The FCA is launching a consultation to assist parties in proving presence of coronavirus in Business Interruption insurance claims.