Covid-19: Hospitality group forms to fight insurers over BI

hotels

The group is being advised by Mishcon de Reya and will look into claims denied by any number of insurers naming Axa, China Taiping, RSA, Touchstone, and Zurich but excluding Hiscox.

Mishcon de Reya has been appointed to advise the newly formed Hospitality Insurance Group Action (HIGA) which has been set up to hold insurers to account over their response to UK business interruption policies amid the coronavirus pandemic.

The group named Axa, China Taiping, RSA, Touchstone and Zurich as providers that would see insurance wordings reviewed but also stated that any other provider apart from Hiscox could find themselves under the legal microscope.

Hiscox claims are already

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ABI records 3% home premiums rise in Q1

Average home insurance premiums for buildings and contents cover rose by 3% to £375 in the first quarter of this year, pushing the year-on-year rise up to 19%, according to the Association of British Insurers.

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