Mactavish Insights
Mactavish Insights
What the FCA's Business Interruption test case means for policyholders
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The FCA's Business Interruption test case has been making headlines since it was first announced in May 2020. The case was initially heard by the High Court, with subsequent appeals coming before the Supreme Court and a final ruling being handed down in January.
This case involved some highly complex legal arguments and, despite the positive headlines, many policyholders may find that they still face an uphill battle in getting their claims paid.
In this short podcast Mactavish's Chief Technical Officer, Rob Smart, and Managing Director, Heidi Carslaw, explain what the case means for policyholders and touch on some of its broader ramifications.
You can also find out more about our thinking on the case here.