Marsh bites back as RSA alleges it is on the hook for wording in FCA BI test case

High Court London

Marsh has disputed RSA allegations its clients should be liable for brokered policy contract issues in the Financial Conduct Authority’s business interruption test case, as brokers were dragged into the ongoing proceedings.

Insurers hit back at claims they were liable to pay out on BI policies in defence documents filed on Tuesday 23 June, all arguing that policies were never meant to pay out for global events.

Arguing

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