Axa to pay French Covid-19 BI claims after court ruling – reports

A view of the Eiffel Tower in Paris France

Updated: The insurer will pay out to restaurants following a court decision that it must pay one owner two months worth of coronavirus-related cover.

Axa has agreed to pay coronavirus claims to some policyholders in France with restaurants.

Reuters reported that following a court ruling in Paris that Axa should pay one policyholder for two months of cover amid the Covid-19 pandemic the insurer has agreed to pay out on further claims where the policy wordings are similar to those involved in the original court case.

CEO Thomas Buberl said the provider would pay a “substantial part of these contracts” and “do it quickly”.

According to Buberl

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: