Financial Services Financial Services

UK FCA takes SME insurance policies to court to get legal clarity on claims

By Fiona Maxwell
  • 01 May 2020 04:42
  • 01 May 2020 04:42
The UK financial services regulator is going to court to get clarity over whether insurers should pay out on cover for small businesses hit by the Covid-19 pandemic.
The Financial Conduct Authority said today it intends to obtain a court declaration to settle the issue of the meaning of policy

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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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