Brokers unsurprised as court sides with BI policyholders in 'wake-up call' for insurers
The industry must address the expectation gap on the back of the Supreme Court business interruption ruling, brokers said as they forecast tougher times ahead for managing general agents.
The Supreme Court sided with the Financial Conduct Authority on Friday dismissing insurers’ appeals.
The case had been fast-tracked after the High Court had mainly found in favour of the watchdog in
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