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CBI responds to Supreme Court ruling on business interruption insurance

CBI has responded to Supreme Court ruling on business interruption insurance.

Flora Hamilton, CBI Financial Services Director, said:

“At such an uncertain time, this court case provides much-needed clarity to companies across the UK, and relief for smaller firms struggling with cashflow.

“This is significant news for insurers, and regulators will need to work closely with the industry as policies, products and processes are updated to reflect this ruling.”

 

Original article link: https://www.cbi.org.uk/media-centre/articles/cbi-responds-to-supreme-court-ruling-on-business-interruption-insurance/

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