This is happening in general insurance as well, where the customer knows the case is weak and the FOS would find in favour of the firm they are going to solicitors who know that PI insurers have no appetite for litigation. We believe this is the biggest risk following the FCA BI case decision and that an influx of legal claims which insurers settle out of court could put brokers out of business due to the excess payments under the policy. After all, 20 claimants settled with a £10k excess is £200k a broker will need to find!