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...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Aston Lark continues Irish expansion with its fourth takeover this year

Insurance Peter O'Dwyer 3 hours ago

Slovenian legal move could affect hundreds of Irish pubs

Slovenian insurer agrees to test case on Covid payouts

Insurance Peter O'Dwyer 2 weeks ago

Insurers dismiss watchdog’s allegations of cartel-like behaviour

Insurance Peter O'Dwyer 2 weeks ago