Covid - 19: Action group hits Hiscox with £40m arbitration claim
Hiscox Action Group wants a former Court of appeal Judge to act as sole arbitrator as Covid-19 business interruption dispute continues.
Beleaguered provider Hiscox has been served notice on an arbitration claim on behalf of some members of Hiscox Action Group.
Mishcon de Reya, the law firm representing the group, has today (15 June) formally written to the insurers pursuing its claim against Hiscox for non-payment of Business Interruption insurance totalling almost £40m.
According to the group the action triggers the Arbitration clause for nearly 350 policyholders’.
Trigger
Richard Leedham, the Mishcon partner dealing with
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