Covid-19: Hiscox Action Group primed for £40m legal attack
The group, which is in dispute with Hiscox over business interruption cover, now represents more than 400 members and has the go-ahead to begin legal proceedings.
Hiscox Action Group is to launch an arbitration claim against insurer Hiscox over unpaid BI claims within days and has been told by its lawyers, Mishcon de Reya it has a good chance of success.
According to the pressure group it represents more than 400 SMEs with up to £40m in claims between them.
Its law firm now intends to launch an “expedited arbitration claim” against Hiscox within days.
The group has already secured funding from litigation funder, Harbour to support the action.
“Doing a
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