Business Interruption – FCA test case

For information about the outcome of the FCA’s test case into how insurance policies respond to business interruption claims as a result of Covid-19 please visit this page.

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Making doing business with us simple

Our aim is to make doing business with us as simple and straightforward as possible, clearly outlining our product offering and appetite. In order to do this, we are reviewing our existing product portfolio, assessing where we have unnecessary complexity and reducing the number of similar products we currently offer.

Below we've summarised answers to some of the questions you might have about the changes to our product portfolio.

  • We have listened to your feedback to simplify the way we do business, to reduce complexity, focus attention on our core products and deliver a more efficient business model that makes us easier to do business with.

  • We have reviewed our products and identified where there is an opportunity to simplify our offering. We have looked at where we can align customers to similar, newer or more relevant products and as a consequence have identified some products to close to both new business and renewals.

    We will be using a phased approach starting with our open market Professional and Financial Risks (Profin) portfolio.

    Existing customers will be notified in advance of renewal and we will provide all parties with details of how these changes will impact policies at the point of renewal.  

  • We are committed to keeping you informed and will continue to provide an update as and when further decisions are made. These changes may not affect all brokers.

    For details of the Profin product changes please take the time to familiarise yourself with the details below. If you have any specific queries, please contact your usual RSA contact.

The areas we're working on:

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Profin

We're making some changes to our Professional and Financial Risks product.

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Stay up to date

Keep checking back to find out about the products affected by these changes.