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In light of the recent Supreme Court ruling we wanted to keep you up-to-date regarding the outcome of the Case. On Friday 15th January 2021, the Supreme Court issued its ruling, broadly supporting the appeals of the FCA and the Hiscox Action Group, and dismissing the appeals of the various insurers.
Please note that not every insurer or policy is included in the test case and the ABI has indicated that: “Customers who have made claims that are affected by the test case will be contacted by their insurer to discuss what the judgement means for their claim. All valid claims will be settled as soon as possible and in many cases the process of settling claims has begun.”
The findings are complex and will take a few days to digest and for each insurer to understand what is required, or not, of them. We are in dialogue with insurers, and Fenchurch Law, to interpret the ruling and understand the implications on various policies. Once we fully understand the position over the coming days, we will update you further.
We appreciate you will have questions and we will provide you with an update shortly. If you have any queries in the meantime please contact your Account Executive to discuss further. Our team contact details can be found here. All landlines are diverted to mobiles whist we work from home.
Please note, the advice on this page in no way a definitive nor final opinion on matters relating to Coronavirus and is no substitute for advice based upon your personal insurance programme. The situation is continuously evolving and we intend to keep the information and advice as up to date as is reasonably practicable, if you have any queries please seek our tailored advice by contacting your usual Creative support team.
Contacting Creative Insurance
We have followed Government advice and our colleagues are now working remotely from their homes. They have access to insurers (through secure internet based trading platforms and underwriters), your individual risk information and the services you need. We are asking that, if you need to speak to us you either:
1. Email or Request a callback by filling in the form across.
2. Call their Direct Dial Number or Mobile Number (these can be found here)
Supreme Court Judgement – A detailed judgement of the Supreme Court (15/01/2021)
FCA Summary of Supreme Court Judgement – A detailed summary from of the recent Supreme Court Judgement (15/01/2021)
FCA Letter to Insurer CEO’s – Letter from Financial Conduct Authority letter outlining their expactations of insurers in the current Coronavirus outbreak (15/04/2020)
Announcement from Ministry of Housing and Communities – Vital Building Safety work to continue (16/04/2020)
Letter to the construction sector – From the Secretary of State for Business, Energy & Industrial Strategy (16/04/2020)
HMRC announcement – Help for business (09/04/2020)
UK Government announcement – Social Distancing in the worklplace sector advice (07/04/2020)