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Argenta Holdings Limited

Important Notice

Argenta Group’s Response to the Coronavirus Outbreak

In order to protect staff and their families, the Argenta Group has instructed staff to work from home until further notice.

Argenta Syndicate 2121 at Lloyd’s underwrite a number of non-investment insurance contracts through a network of coverholders. If Argenta Syndicate 2121 at Lloyd’s is shown as the insurer in your policy documentation and you are experiencing temporary financial difficulty as a result of COVID-19, please contact your broker in the first instance or the coverholder through whom the policy was issued. In certain circumstances, appropriate adjustments to cover may be available.

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FCA Test Case Judgment Update

On 15 September 2020, the High Court handed down its judgment on the business interruption insurance test case initiated by the Financial Conduct Authority (FCA). The full judgment is available to view on the FCA’s website.

The FCA, six Defendant insurers (including Argenta Syndicate Management Limited) and the Hiscox Action Group appealed the High Court’s judgment directly to the Supreme Court, with a hearing taking place over 4 days from Monday 16 November to Thursday 19 November 2020.

The Supreme Court was unable to confirm exactly when judgment would be handed down, but it is expected to be before the end of January at the latest.

Please click here for further details.

 

Important Notice

Lloyd’s Brexit Transfer

Lloyd’s has provided further information for policyholders on its Part VII transfer to Lloyd’s Brussels.

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