Coronavirus insurance Q&A: What the Supreme Court ruling means for hospitality

Hospitality insurance specialist Steven Swift of Sector Associates, which works with trade bodies including UKHospitality, gives his view on what the Supreme Court ruling means for businesses and how insurance policies could change in future.

Why is there still so much confusion about whether policies pay out after the Supreme Court ruling?

Last year the Financial Conduct Authority (FCA) reviewed several hundred policy wordings and produced a list of those they felt were unclear. This included those which covered any diseases, including ones we don't know about, within a specified radius or the vicinity of the premises that causes closure.