The Financial Conduct Authority (FCA) have been seeking guidance through a Test Case in the interpretation of certain policy wordings on Business Interruption and the impact of the coronavirus (COVID-19) pandemic.
The impact of the coronavirus (COVID-19) has been severe, with restrictions having a knock-on effect that can affect FSB members.
Business Interruption insurance is one of the most important classes of insurance a business can buy. Following a major material damage loss, it is the cover which keeps a firm afloat while the damage is being put right, by insuring consequential losses of revenue or profits.
Many small businesses in the UK have found the past year financially concerning as several business, both large and small, have been forced into insolvency.
We’re pleased to announce that this year FSBIS will be supporting Heart N Soul, an award-winning creative arts company and charity.
When we launched FSB Insurance Service in 2018, I don’t think any of us could have predicted how the following three years would go. We have won an industry award, been shortlisted for many more, and have supported FSB members through a pandemic!
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