All BI Claims articles
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NewsZurich believes it has been ‘been at the forefront’ of tackling BI claims backlog
Insurer Zurich believes it has been “at the forefront” of dealing with the backlog of Covid-linked business interruption (BI) claims following the Supreme Court’s January ruling, working “very proactively with customers and brokers”, according to Tim Bailey, UK chief executive of Zurich Insurance.
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NewsInsurers paid out £472m in interim and final BI claim payouts following test case – FCA
The regulator calculated that 10,207 BI policyholders out of the 21,140 who have had claims accepted have received at least an interim payment
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NewsAllianz Insurance exposed to BI claims through broker wordings
Chief executive adds that the insurer has seen 3,000 new business interruption claims following the Supreme Court’s judgment in January
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NewsAllianz Insurance has issued BI claims pay outs on 75% of valid claims
Allianz Insurance has confirmed that it has paid out on 75% of its valid business interruption (BI) claims – by the end of January 2021, this amounted to 1,832 interim and final claims payments.
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NewsIrish High Court rules against insurer FBD in Covid-linked BI claims case
The ruling could impact claims made by around 1,000 Irish pubs and restaurants
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NewsAllianz Partners teams up with Irish insurtech for post-pandemic travel insurance platform roll out
Allianz Partners has teamed up with Irish insurtech Blink. The partnership will oversee the mass roll out of Blink’s travel disruption insurance platform in the UK.
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NewsStruck out BI claim proves there is no ‘public policy move’ following test case
Barrister says that not all business interruption claim cases will follow the trajectory of the FCA’s test case and that not all clauses will be interpreted in favour of the policyholder
