News Coronavirus watch26 May 2020

UK:Insurance body looks to address concerns on BI claims


Thousands of small companies across the UK - from hotels to restaurants, dentists, holiday lets and kennels - have been trying to claim on their insurance policies because of the interruption caused to their business as a result of the lockdown. However, insurers have refused to pay out on such business interruption (BI) claims which has led to frustrated business owners looking for answers from the Association of British Insurers (ABI).

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