Arch Insurance Group

RSA walks back on Marsh criticism in FCA's BI test case

As RSA changed its mind on part of its argument that drew criticism from Marsh, the Financial Conduct Authority said insurers were failing to take account of “the true nature of the insurance provided” in its business interruption test case, according to…

Briefing: Have insurers thrown brokers under the bus on BI?

There have always been points of conflict in the insurer and broker relationship but this week that reached a new low as RSA offered up Marsh as a human shield in its battle to avoid payment of business interruption claims for the Covid-19 pandemic.

Insurers lock horns with FCA in BI test case defences

The eight insurers involved in the Financial Conduct Authority’s business interruption test case have filed their defences with the court, alleging among other arguments that the pandemic is a global issue rather than local and therefore not covered.

Arch names Simon Williams as active underwriter

Arch Insurance International has appointed Simon Williams as active underwriter of Syndicate 1955 and confirmed David Slade as deputy active underwriter after the parent company’s takeover of Barbican.

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