High Court ruling on recoverability of claimants' losses arising from unauthorised insurance activity

Purpose – The purpose of this paper is to report and comment on the High Court ruling on recoverability of claimants' losses arising from unauthorised insurance activity. Design/methodology/approach – The paper outlines the facts surrounding the case and comments on the decision. Findings – The court pointed out that the issues that fell to be determined were all law and principle and not of fact. Originality/value – The paper highlights how this was the first occasion that the courts had had cause to consider the effect of some key provisions of Financial Services and Markets Act 2000 that relate to the enforceability and redress position in the context of unauthorised insurance business.