Committed to Claims

At the beginning of 2020 the UK formally left the European Union, and at the end of 2020 we signed a new trade deal with the EU.

The Financial Conduct Authority (FCA) have announced proposals to introduce a price cap on the fees claims management companies (CMCs) charge their customers in relation to claims for financial products and services.

In this Insurance Institute of London (IIL) London Market webinar, Mike Lea, Head of Management Liability, Lockton Companies LLP, examined how the insurance market for D&O is changing significantly by looking at the underlying changes to Directors exposures, the impact on insurers in this sector and what this might mean for the future of D&O insurers.

Business interruption (BI) claims to be paid after Supreme Court judgment finds in favour of policyholders.