COVID-19: Supreme Court backs small firms over business interruption insurance claims

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COVID-19: Supreme Court backs small firms over business interruption insurance claims

January 15th, 2021, Blog

Insurers are being urged to pay up without delay after judges dismiss the industry’s arguments over the disputed claims.

Small firms are cheering a Supreme Court ruling that appears set to force insurers to pay out on disputed coronavirus business interruption claims worth at least £1.2bn.

The first step for a policy holder should be to take legal advice on liability. Instruct a solicitor to advise on the terms of your policy combined with your factual matrix.

Further steps thereafter could include obtaining forensic advise as to the value of the claim and also funding for potential litigation

If you have any questions or concerns about your business, contact Richard Curtin directly on [email protected] or 020 7822 2222.

https://news.sky.com/story/covid-19-supreme-court-backs-small-firms-over-business-interruption-insurance-claims-12188322

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