Group members are seeking legal action against insurers QBE UK and Aviva for failing to pay out on coronavirus-related business interruption claims
The Hospitality Insurance Group Action (HIGA), representing hotels, restaurants, bars, pubs and nightclubs that were forced to close as a result of government advice surrounding the coronavirus outbreak, has been granted the right to intervene in the FCA’s July test case, which is planned to explore the clarity and intention of business interruption (BI) policy wordings in light of the ongoing Covid-19 pandemic.
The Hiscox Action Group (HAG), HIGA is specifically targeting insurers QBE and Aviva for refusing to honour policies relating to BI losses due to the Covid-19 pandemic and associated lockdown.
Katie Scott Insurance Times 29th June 2020
Question is- are insurer's and broker's claims systems ready to deal with the complexities and volume of potential business interruption claims?
On 26 June, the High Court awarded HIGA the right to intervene with the FCA’s test case; the HAG has also received this permission.
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