Insurers urged to pay claims quickly following BI ruling
The Supreme Court concluded the Covid-19 business interruption dispute by substantially ruling in favour of policyholders.
The insurance industry has welcomed the clarity offered by the Supreme Court’s final verdict over payment of Covid-19 related business interruption claims arising from the first lockdown in 2020.
Supreme Court judges ruled substantially in favour of policyholders in their final judgment delivered this morning (15 January 2021).
Action
The CEO of the British Insurance Brokers’ Association, Steve White, urged providers to “act swiftly to settle claims fairly”.
He also called on them to
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