Hiscox urged to start paying BI claims after test case judgment

Money

The night life industry and broker NDML call on the provider to "accept that the time to pay has arrived" in open letter to Hiscox MD.

Hospitality broker NDML and the Night Time Industries Association (NTIA) have called on Hiscox to pay out business interruption claims “without further delay”.

In an open letter addressed to Hiscox managing director Ross Dingwall, the broker and the trade body urged Hiscox to begin to make interim payments for 50% of each claim, with a further 25% to be paid on 1 December “for those (hopefully few) claims which have not yet settled by that date”.

“This will provide a crucial lifeline to keep

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