Covid-19: Treasury Committee tells insurers to be clear and fair

parliament

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.

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