Data Analysis: Business Interruption payment tracker - Autumn update
Six months on from its previous update, the Financial Conduct Authority continues to monitor the fulfilment of Covid-related business interruption claims. Post analysis of this data shows which insurers are lagging behind on their commitments.
Since the previous update, pending payments have dropped by almost 70%, while over 2000 claims have been fully settled.
This increase is significant, bringing the current total settlements to 34,506
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