Friday October 23, 2020

FBD fighting pub test cases to ‘defend the integrity of insurance contract’

Interim chief executive tells staff the company does not enter lightly into legal cases but has a duty to customers and shareholders

2nd October, 2020
Paul D‘Alton, FBD’s interim chief executive, said the interests of the company‘s shareholders and policy holders could be challenged if ‘we were to provide coverage outside of contract terms’. Picture: Rollingnews.ie

FBD is defending test cases brought against it in relation to the non-payment of business interruption claims to defend the “integrity of the insurance contract”, its interim chief executive has told staff.

In a message to employees sent this morning, Paul D’Alton said FBD did not enter lightly into defending the cases taken against it by publicans which come before the court next week.

“For our part, we have to defend...

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