Financial Services Financial Services

Hiscox cover doesn't include pandemics as they aren't 'incidents,' judges told in UK FCA test case

By Fiona Maxwell
  • 27 Jul 2020 09:41
  • 27 Jul 2020 09:41
Insurance coverage for a business interruption "incident or occurrence" can't stretch to pandemics as they aren't one-off events, Hiscox argued in today’s ongoing High Court test case between insurers and the UK's Financial Conduct Authority.
Jonathan Gaisman, representing Hiscox, told the two judges hearing the case that a pandemic is

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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