Tag Archives: insurance

Insurance industry dips its toes into the digital assets space

The insurance industry is dipping its toes into the digital assets space, and it’s good news. This week, NYDIG, a company which provides Bitcoin focused asset management, custodial and technology solutions secured $100m in investment from some of the US’s …

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What the FCA’s business interruption case means for your business

In June 2020, the Financial Conduct Authority initiated a claim against eight defendant insurers, seeking to answer the question of whether business interruption losses caused by the Covid-19 pandemic are covered under certain insurance policies. The regulator adopted an impressive …

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Insurance test case rules some insurers should have paid out for losses caused by Coronavirus lockdown

Small businesses have been thrown a lifeline as a result of today’s insurance test case judgment, which ruled that some insurers should have paid out for losses caused by lockdown, since disease clauses in business interruption policies meant they were …

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Coronavirus & BUSINESS INTERRUPTION INSURANCE: can other claims be made when cover is rejected?

Business owners who thought that they had cover for the business interruption caused by COVID-19 are finding in many cases that the cover is not what they expected and their claims are being rejected by their insurer.  You may wish …

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Coronavirus – Can you CLAIM UNDER YOUR BUSINESS INTERRUPTION INSURANCE?

Claims under policies are often complex. They all have particular conditions of cover and exclusions plus extensive definition sections that impact on the apparent extent of the cover. Additionally, the combination of a previously unknown disease plus the extreme steps …

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Coronavirus & business interruption insurance: practical considerations for tenants   

Typical business insurance policies cover standard risks and are unfortunately unlikely to cover the impact of COVID-19 (including forced closure by the government). Furthermore, business interruption provisions are normally connected to property damage. Cover for business interruption due to infectious …

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