BI Supreme Court Judgment

The FCA established that many insurers were refusing a large number of SME BI claims, with genuine debate as to the meaning of some policy wordings. For example, some policies require the policyholder to prove the presence of coronavirus in a particular area around their premises.

In June 2020, the FCA began a test case in the High Court to provide certainty for all parties. Aspects of the High Court judgment are under appeal to the Supreme Court, from which judgment is expected by January 2021.

This webinar will cover the Supreme Court Judgment on the FCA BI Test Case, with views from Damian Glynn, Sedgwick International UK and Toby Rogers, Clyde & Co.

Learning Objectives

By attending this webinar, delegates will gain an insight into:

• The Test Case – who brought it against whom and why?
• The judgment – a reminder of the High Court Declarations, and a summary of the key features of the Supreme Court decision
• Consequences – the issues that are likely to arise on claims
• Consequences – the potential impact on cover and policy wordings in the future
• Unanswered issues – what was not covered in the Test Case

Please note: This event is a regional collaboration between the local institutes in the area. Your booking details will be shared with the Insurance Institute of Chelmsford and South Essex, which is acting as the host institute for this event.