Covid-19: Treasury Committee tells insurers to be clear and fair
Mel Stride MP states firms are continuously facing difficulties in making successful coronavirus-related claims as the ABI says insurers are expected to pay out a total of £1.2bn.
Mel Stride MP, chair of the Treasury Committee, has urged insurers to be clear and fair with coronavirus claimants.
The committee wrote to the Association of British Insurers (ABI) on 25 March, questioning the insurance sector’s response to the coronavirus crisis.
In response, ABI director general Huw Evans, stated that insurers are expected to pay out claims related to Covid-19 totalling £1.2bn, including £900m in business interruption claims.
Difficulties
Commenting on the response to the
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