The FCA Business Interruption insurance test case resumes today for its second and final week. The expedited trial before Flaux LJ and Butcher J is considering whether sample Business Interruption insurance policies are required to respond to COVID-19-related losses. The case is the one of the most significant insurance disputes in recent years, and has been widely reported – see, for instance, the BBC, the FT and the Insurance Times.
Leigh-Ann Mulcahy QC, Deborah Horowitz and Max Evans are acting for the FCA, instructed by Herbert Smith Freehills. Ben Lynch QC and Christopher Knowles are acting for the Hiscox Action Group (intervening), instructed by Mishcon de Reya.