Research reveals insurance claims among the most likely to succeed in courts

legal-court

Law firm warns insurance sector will be under scrutiny as the level of litigation is predicted to rise as a result of Covid-19.

Insurance claims are among the most likely to succeed in UK courts, according to data analysed by law firm Herbert Smith Freehills.

The firm warned that the industry will be under scrutiny for the way it responds to the current pandemic.

A number of action groups have threatened to take providers including Hiscox, QBE, RSA and Ecclesiastical to court for refusing to pay coronavirus-related claims.

Insurance lawyers have also predicted that brokers and insurers will face an increase in

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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