The latest from Ecclesiastical after the FCA’s update on the Business Interruption cases;
An Ecclesiastical Insurance Spokesperson said:
“Due to the fact that the Financial Conduct Authority has confirmed it is not appealing the High Court’s Judgment which found that losses arising from the COVID-19 pandemic are not covered by Ecclesiastical Insurance’s Business Interruption policies, we will be taking no further part in any Supreme Court proceedings on this matter.
We recognise that this has been a difficult and uncertain period for customers and we now hope the Judgment provides the certainty and clarity that the Test Case was designed to create.”
Be the first to comment