Business Interruption Insurance Claims

Business Interruption Insurance Claims

“Insurers have paid out over £765.8m in Covid-19 related business interruption claims since the conclusion of the test case, according to a fresh set of data from the Financial Conduct Authority (FCA).”

“The regulator revealed that providers had made initial payments for unsettled claims worth £289.5m and final settlements of £467.2m as of 5 June 2021. Last month, FCA data showed that insurers had paid out a total of over £701m as of 5 May 2021, including £268.2m in interim payments and £433.1m” This article source is https://www.insuranceage.co.uk/insurer/7543266/covid-bi-claims-payments-hit-ps7658m

shadow

About Us

We are a firm of highly experienced independent financial advisers based in Leamington Spa. Our core values are simple - integrity and professionalism - and have seen our business grow mainly through customer referrals and reputation.

Latest News

Get in Touch

Beaufort Wealth Management Ltd,
7B Tournament Court,
Tournament Field
Warwick,
Warwickshire,
CV34 6LG
01926 460156

Beaufort Wealth Management Limited is an appointed representative of The Tavistock Partnership Ltd, which is authorised and regulated by the Financial Conduct Authority. FCA No: 469862. Decisions should not be taken based solely on the content of the website and individual advice should be sought first. Regulations, levels and bases of taxation are subject to change and individual circumstances. The information contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK. No responsibility is accepted for the accuracy or content of external websites.

Content