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Financial Times

With more than 100 unresolved insurance cases in the High Court related to Covid-19, Roger Franklin, our Head of Insurance Litigation recently spoke to the Financial Times for an article examining the ongoing pursuit of claims made by businesses across hospitality sector.

Four years since Covid-19 lockdown curbs forced Burger & Lobster to close its restaurants, the purveyor of gourmet patties and crustacean rolls is still battling with its insurance company to recover some of the resulting losses.

Alongside more than 20 other businesses including the owners of Hawksmoor steakhouses and Newcastle Falcons rugby club, the chain has brought a claim against Allianz in London’s High Court after the insurer declined to pay out on its business interruption policy, a type of cover designed to compensate for lost revenues.

The case is one of dozens being fought between insurers and UK policyholders from national hotel chains to local hairdressers, breweries and tattoo parlours angered at how their claims have been handled…

Roger Franklin, head of insurance litigation at law firm Edwin Coe, said that while insurers were under guidance from the FCA not to “litigate everything to the nth degree”, a lot were taking to court “every point under the sun”…

 

Read the full article here (subscription may be required)

Over the past few years Edwin Coe has been at the forefront in advancing claims on behalf of policyholders for Business Interruption losses suffered as a result of Covid-19.  If your business was affected by the Covid-19 pandemic, and your have a potential or disputed claim for Business Interruption losses please contact our Covid-19 Business Interruption team and we can advise on your available options.

 

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