Specialist insurance lawyers at Edwin Coe LLP are spearheading new group claims for business interruption losses against RSA and Hiscox. The growing group action against Hiscox is in conjunction with claims specialist Roger Topping of Claims Equilibrium Club Ltd, whilst the RSA claim is based on a group of holiday let cottage business owners.

The Hiscox action, which advances under the name of the Hiscox Business Interruption Group, involves a number of businesses that have been denied claims for business interruption losses during the Covid-19 pandemic.

Head of Insurance Litigation at Edwin Coe, Roger Franklin commented:

“While it is correct that a lot of commercial insurance policies do not provide cover for losses caused by Covid-19, a lot of them do. Hiscox is one such example. Unfortunately, in many cases claims have been denied because of arguments based on ambiguous policy wordings and weak legal precedent. We aim to challenge those arguments as quickly and cost effectively as possible so that businesses can survive in these trying times.”

The RSA claim involves an even larger number of businesses that have suffered during the pandemic.

“Businesses purchase insurance to give them some protection in times of crisis, especially SMEs, which usually only have one source of revenue. Too many insurers are reneging on the bargain they struck when they agreed to accept the premium.”

At the start of the month, the team announced a similar action, in conjunction with insurance claim consultancy Harris Balcombe, against Allianz Insurance plc.

Edwin Coe’s specialist insurance litigation team acts exclusively for the insured and is ranked as a leading firm in this area of law by leading legal directories. The lawyers have built a successful track record in this field over many years, handling a steady stream of high-profile and complex instructions and winning cases on behalf of claimants against most of the well-known insurers.

The team has developed particular expertise in quantum issues and business interruption losses, for which it has a justly renowned reputation. This experience, coupled with the firm’s strengths in commercial and insolvency work, enable Edwin Coe to assist clients not only in dealing with their disputed claim, but also in coping with cash flow, trade creditors and many other related commercial problems that often arise from the delayed settlement of an insurance claim.

Policyholders who have been denied claims from these insurers interested in joining the group should contact Roger Franklin.

About Edwin Coe

Edwin Coe is a London-based full service law firm with international reach. Since 1913, we have offered a comprehensive range of integrated legal services to meet the needs of individuals, organisations and businesses based throughout the UK and internationally. Our industry-leading experts provide our clients with highly personal and responsive advice, balancing profit and purpose, to help achieve their personal and business goals.

With 39 Partners, we are ranked 115 in the current edition of The Lawyer’s ‘UK 200’ law firms and are recommended in all the major legal directories. We are proud to be B Corp™ certified, part of a global community of businesses working to redefine success in business, and create a more inclusive and sustainable economy.

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