Hiscox and HAG agree on arbitration process as legal dispute continues
The action group, which is also a claimant in the FCA BI test case, started legal proceedings against Hiscox earlier this year after the provider rejected coronavirus-related business interruption claims.
Legal teams representing Hiscox and the Hiscox Action Group have agreed on an expedited arbitration process for all policies in its ongoing legal dispute.
At a hearing in the High Court yesterday (12 August) the parties agreed for the action to be heard as a single arbitration, with three arbitrators reviewing four categories of policy.
Richard Leedham, the Mishcon de Reya partner representing HAG, said: “Today’s agreement represents a significant step forward for the Hiscox Action Group in
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