The Night Time Industries Association, which represents bars and clubs across the UK, has commenced legal action against Hiscox, alleging the insurer has refused to pay out for claims during the coronavirus pandemic.
The NTIA is arranging class action against the insurer, which it said has denied liability under its business interruption policy. All night time venues including pubs and restaurants have been forced to close under the UK’s coronavirus lockdown.
Hiscox said it anticipated paying out up to £142m in coronavirus insurance claims arising from restrictions on travel and mass gatherings but said its business interruption exposure is “limited” in Europe.
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