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Allianz Insurance exposed to BI claims through broker wordings

By Insurance Times 2021-02-19T18:50:00

Chief executive adds that the insurer has seen 3,000 new business interruption claims following the Supreme Court’s judgment in January

Allianz Insurance has been forced to pay out for coronavirus-related business interruption (BI) claims due to broker wordings, said Jon Dye, chief executive of Allianz Holdings.

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