We know that Covid-19 has wrought havoc on almost every industry, placing an even greater onus on regulators to provide clarity and leadership. In a novel test case in the Financial List of the Commercial Court, the FCA has done just this with regards to Business Interruption insurance.
In doing so, it has set an example that every regulator should follow and the judgement, expected on 15 September, should be welcomed by insurers and policyholders alike.
