Washing their hands of it: insurance firms fight to avoid paying out

A number of the much-trumpeted package of measures unveiled by insurers nine days ago to help beleaguered businesses are little more than tinkering around the edges

19th April, 2020
Washing their hands of it: insurance firms fight to avoid paying out
Most standard business interruption policies in the Irish market do not support a claim for a pandemic such as Covid-19 PIcture: iStock

The insurance sector unveiled a package of measures to ease the burden of Covid-19 on business and consumers on April 10. The set of commitments had been urged by government, facilitated by the industry body Insurance Ireland, and agreed to by all the major insurers bar Aviva.

They were welcome, if overdue. Among them was a promise to reduce premiums in line with lower employers liability, public liability and commercial motor insurance risks and a commitment...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Donnelly fears AstraZeneca may not deliver promised vaccines on time

Analysis: Lockdown fatigue grows but majority do not want to ease restrictions

HSE reviews visitor ban and serial testing in nursing homes

Colin Murphy: In law, we are closer to house arrest than a 5km limit