RSA UK and International CEO Scott Egan comments on FCA test case
Comment from Scott Egan, CEO of RSA UK and International, said:
“Throughout the pandemic RSA has been settling claims from both commercial and personal lines customers, as well as participating in industry initiatives to support communities around the UK. We’re committed to continuing to play our part to help individuals and businesses manage and recover from the impact of Covid-19.
“The test case set out to consider how a number of business interruption policy wordings should respond to Covid-19, and today’s judgment is an important milestone for customers and for insurers. It is also a complex judgment, and it will take some time for all parties involved to review it. We are now working through the judgment to determine next steps, and we will continue to work with our partners to communicate fully with our policyholders throughout the coming weeks, whether they have currently made a claim with us or not.”
Authored by RSA
About RSA
With a 300-year heritage, RSA is one of the world’s leading multinational insurance groups.
Today, RSA employ around 23,000 people, serving 17 million customers in around 140 countries. While RSA's origins lie in London, RSA is a global company with businesses in both mature and emerging markets. RSA have major operations in the UK, Ireland, Scandinavia, Central and Eastern Europe, Canada, Asia, the Middle East and Latin America. youTalk-insurance sharing insurance news and video.