Hiscox
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The group claims policyholders are not represented in the regulator’s legal action.
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The alternative risks MGA was set up in 2019 by fellow Hiscox alumnus Adam Holberry.
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The success of remote working is prompting businesses to rethink how the London market will operate post lockdown.
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Carriers must “stop the clock” on claim time limits from today until the court outcome.
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Christian Nielsen has been with Hiscox since 2015 and was most recently CFO for Hiscox UK.
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Law firm Mishcon de Reya also targets additional compensation due to pay-out “delays”.
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The litigants warn the regulator’s case could delay a final decision by months.
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The late July High Court hearing will also involve Arch, Argenta and QBE.
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The executive switches to broking after working at Hiscox for nearly 12 years.
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Early offers of recompense spark customer demands for phone records.
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Law firm Edwin Coe rallies more policyholders seeking claims for BI losses.
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Beazley stock rises more than 9 percent following its issue.
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