Financial Conduct Authority (FCA)

This week: Contra proferentem

No – it’s not a Harry Potter spell. This week the Financial Conduct Authority said it would whip out the ‘contra proferentem’ argument on behalf of policyholders in its business interruption test case against insurers.

This month: Opportunities await

This month marked the return of Post’s annual Insurtech 100, in association with Sønr, a celebration of companies that are driving growth and innovation across the insurance industry.

FCA consults on insurance payment deferral guidance

Insurers, brokers, premium finance lenders and more have been told by the Financial Conduct Authority to consider giving payment deferrals and refunds as well as waiving cancellation fees to customers hit financially by the coronavirus epidemic.

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