Press Release - 05/05/2020
“In the vicinity but not beyond” Group action against Allianz Insurance plc issued by specialist insurance litigation team
Specialist insurance lawyers Edwin Coe LLP are teaming up with Harris Balcombe LLP in spearheading claims for business interruption losses against Allianz Insurance plc under their Resilience MD&BI policy wording.
Edwin Coe partner Michael Whitton said:
“This Allianz policy insures business interruption loss caused by interruption or interference to the insured’s business as a result of a Notifiable Disease occurring within the vicinity of an insured location. It would strike me as fanciful to suggest, as Allianz do, that cover would only be provided in the event that the loss occurred in the vicinity but not beyond thereby ruling out a pandemic. That’s not what the policy says. If this policy wording doesn’t give rise to an entitlement to an indemnity in relation to business interruption losses resulting from the Covid 19 shut down, I don’t know what policy wording does.”
Policyholders with the benefit of the Resilience policy wordings (many of which were arranged by JELF and Marsh) interested in joining the group should contact Michael Whitton.
About Edwin Coe
Edwin Coe LLP is a full service law firm based in the heart of London’s historic legal district in Lincoln’s Inn. Founded in 1913, we have grown from our litigation origins to become a thriving and dynamic practice, providing a comprehensive range of legal services to meet the needs of a wide variety of businesses, individuals and organisations based throughout the UK and internationally.
With 44 Partners, we are ranked 115 in the 2022 edition of The Lawyer ‘UK 200’ law firms and are recommended in all the major legal directories. We provide clients with innovative, tailored and integrated legal services and combine a highly personal and responsive service with industry leading expertise.