"Delight” for Wolseley-owner as Axa loses BI case
The insurer said it would give the judgment “careful consideration”.
Restaurant firm Corbin & King is delighted with the ruling after being “badly served” by insurers following the coronavirus pandemic.
Last week, a judge decided that Axa should pay for each property the group was forced to close rather than just one payment.
Jeremy King, CEO and co-founder, commented: “Naturally, I am delighted with Mrs. Justice Cockerill’s judgement. I am not a confrontational person, but I felt that the hospitality business had been badly served by insurers during the
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 or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
FCA’s Knight updates on cyber insurance report
Chris Knight, director of insurance at the FCA, has updated on the progress of its report into the take up of cyber insurance, and how the regulator has to keep pace with technological advancements.
Broker Expo 2026 Countdown Q&A: Casus Underwriting’s Stewart Croker
Ahead of Broker Expo next week, Casus Underwriting managing director Stewart Croker outlines why he thinks independent brokers have played a blinder over the last 12 months, and suspects “appetite” will still be one of the most important words in the room.
Aviva calls on Ofcom to assist in fight against ghost broking
Aviva has urged Ofcom to use its consultation on Fraudulent Advertising Codes of Practice as an opportunity to strengthen online advertising rules, as the insurer has supported its proposals for tougher action to deter the threat posed by online insurance fraud.
Zurich completes £8bn Beazley deal as CEO Cox exits
Zurich Insurance Group has completed the acquisition of Beazley, to create what it claims to be the world's largest specialty insurance business.
People Moves: 28 September – 2 October 2026
Stay in the loop with the latest insurance personnel moves.
Blanc urges CII to keep pace with AI developments
Amanda Blanc, group CEO of Aviva, has urged the Chartered Insurance Institute to “stay relevant” as she called on the CII to keep its qualifications up with the speed of artificial intelligence developments.
MGA teams with Irwell for first financial lines product
Instant Underwriting has deepened its partnership with Irwell Insurance to launch a professional indemnity product into the UK market, its first financial lines offering.
Broker Expo 2026 Countdown Q&A: Driversure’s Paul Rose
Ahead of the Broker Expo Paul Rose, director at Driversure, outlines how his firm is aiming to help brokers create a USP that will allow them to win new business more successfully; and touts Richard Branson as a prospective investor in the business.