Covid insurance claims: ‘I would like to see the Central Bank back the small guy’

As the Central Bank remains silent on pandemic insurance claims, company owners are looking in frustration at Britain, where business interruption claims are being supported far more robustly by the state regulator

16th May, 2021
Covid insurance claims: ‘I would like to see the Central Bank back the small guy’
Dan Leahy, owner of the Old Imperial Hotel in Youghal, Co Cork. Picture: John Allen

Last Tuesday afternoon, an email landed in the inboxes of the growing number of Irish business owners who keep track of the British Financial Conduct Authority’s (FCA) handling of insurance claims stemming from the Covid-19 pandemic.

The message provided a link to a raft of newly published information on business interruption claims arising from the health crisis, including the number accepted by insurers, details of pending and unsettled claims, and those where a...

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