AQW 22360/17-22 Written question to the Minister for the Economy
To ask the Minister for the Economy what support his Department is providing to businesses following the recent Supreme Court case in regards to COVID-19 and business interruption insurance.
Asked by Stewart Dickson MLA on 14 September 2021
- Answered
- Written
- After due date
- Tabled
- 14 September 2021
- Answer due by
- 29 September 2021
- Answered
- 7 December 202184 days after tabling
- Department
- Department for the Economy
- Priority question
- No
Answer
The issue of business interruption insurance is a matter for the Financial Conduct Authority (FCA) and does not fall within the remit of my Department to answer.
Affected businesses should seek independent legal advice or direct any queries to the FCA.
For information, the Supreme Court case on this issue was decided earlier in 2021, which has helped to provide clarity for businesses:
https://www.fca.org.uk/news/press-releases/supreme-court-judgment-business-interruption-insurance-test-case