This seminar looks at the nature of BII cover; examines the decision in FCA v Arch and other significant cases; and considers the future of BII and pandemic risk insurance cover. It draws upon the speaker’s research for his article Business not as usual – The Financial Conduct Authority v Arch Insurance (UK) Ltd (2022) J.B.L., Issue 4 pp 257-281 and his chapter Pandemics and Disasters: Insurance Challenges for the forthcoming book The Global Insurance Market and Change: Emerging Technologies, Risks and Legal Challenges (Routledge, 2023) edited by Dr Tony Tarr.