The Covid19 pandemic has wreaked havoc on the UK economy, leading to an ever-increasing number of business interruption claims. Whilst the FCA have warned insurers to act promptly, there is a query as to whether the losses are covered. In the coming weeks Hailsham will be offering a series of articles addressing insurance implications of the current situation.
This first article from Simon Howarth and Imran Benson describes very briefly the nature of business interruption insurance and then considers the first issue arising: is the cover engaged?
Read the full article here.