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Settle Covid-19 claims fast and make interim payments, FCA tells BI insurers

Christopher Woolard

The Financial Conduct Authority has said it will assess how insurers are interpreting business interruption policies, as it urged firms to settle valid claims quickly.

In a Dear CEO letter published on Wednesday, the FCA’s interim CEO Christopher Woolard, pictured, also encouraged firms to make interim payments in instances where they believed even part of a claim

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Axa aims to double schemes business

Sarah Mallaby, chief distribution officer and mid-market trading director at Axa Commercial, has revealed the provider is looking to double its schemes business as the firm looks to become a “£2bn business”.

Q&A: Fiona Marry, Bridgehaven

Fiona Marry, recently appointed European chief executive of Bridgehaven, tells Insurance Post about the company’s international expansion plans and what sets the hybrid model apart.

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