We are approaching 2 years of dealing with the Covid19 pandemic. The impact on business closures commenced in March 2020 following Government announcements by An Taoiseach, Leo Varadkar. Insurers, Brokers and Loss Assessors were being contacted in relation to potential claims for business interruption losses resulting from closure or denial of access following infectious disease. […]
Christmas madness It’s usually the silly season in Insurance once we get to December. Normally, staff are attending Christmas parties, office get-togethers, boozy lunches and social nights out. The younger ones do the 12 pubs, secret Santa draws, Christmas jumpers etc. Staff however do their best to settle as many claims as possible before the Christmas […]
FBD have issued publicans with declinature letters confirming there is no cover. If they didn’t intend covering Covid-19, what did they intend to cover? FBD Public House Policy The extract below is from the FBD Public House policy – Section 3 – Consequential Loss on page 16 of the booklet. The Vintners policy contains the […]
We are in the front-line of dealing with enquiries from business owners in relation to whether their business interruption cover will pay for any loss of profit as a result of closure due to Covid-19. Business interruption cover At this stage we have examined many commercial policy wordings and most of them require that in […]