Insurers are ‘acutely aware of their obligations’, says industry chief

Insurance Ireland’s Moyagh Murdock says member companies are paying out on business interruption claims ‘where they are warranted’

Moyagh Murdock, chief executive of Insurance Ireland: ‘A fair outcome has to be fair for the policyholder and all other policyholders.’ Picture:

Insurers “across the board” are paying out on valid business interruption claims arising from the Covid-19 pandemic, the head of the industry’s lobby group has claimed.

Moyagh Murdock, chief executive of Insurance Ireland, told the Business Post that insurance companies were engaging with their business insurance customers and honouring valid claims.

“I do know that, on an individual insurer basis, they are dealing with business interruption claims; they’re liaising and interfacing with their business customers, ...