Airmic pressures insurers on “grey area” Covid-19 claims

The risk management association called for a business sensitive approach on the coronavirus pandemic and warned of long term damage if insurers and brokers fail to show fairness and flexibility.

Airmic, the UK association for risk and insurance professionals, has urged the insurance market to adopt a more responsible and business sensitive position on the Covid-19 pandemic or risk long-term damage to trust and reputation and loss of customers.

In a statement, the association said: “With many corporates facing an existential threat from global governments’ lockdown measures and a deep recession likely to follow, we expect brokers and insurers to demonstrate fairness and flexibility with