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The FCA has published a “Dear CEO letter” focusing on BI insurance. The FCA estimate that most policies have basic cover and do not cover pandemics. So on those policies the insurer is not obliged to pay out claims relating to the coronavirus pandemic. Where it is clear that the firm has an obligation to pay out, The FCA expect insurers to assess and settle the claim quickly and we are encouraging insurers to issue interim payments. We also outline the access to the Financial Ombudsman Service.
With lockdown rules ending on July 19th 2021, Ashbourne Insurance has introduced a NEW dedicated advisory service especially to meet the needs …
16 Jul 2021
The majority (86%) of British small to medium enterprises (SMEs) do not have any cyber insurance cover in place, research from Aviva …
11 Jun 2021
Peter Smits, Managing Director of Hoddesdon based Ashbourne Insurance, was interviewed on a recent episode of The Leaders Council of Great Britain and Northern …
7 Jun 2021