Insurers accused of ‘obliterating cover’ in last day of £1.1bn Covid BI case
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Insurers accused of ‘obliterating cover’ in last day of £1.1bn Covid BI case

Entrance and front view of the Royal Courts of Justice in the City of London.jpg

Pub company Stonegate has accused its insurers of adopting an approach that “effectively obliterates cover” in the final day of a £1.1bn ($1.35bn) BI trial that saw both parties set out closing arguments.

Stonegate is suing MS Amlin, Zurich and Liberty Mutual over Covid-19 losses, claiming it is entitled to a payout for its 760 premises, while insurers maintain the BI policy only covers Stonegate as a singular corporate entity.

Stonegate

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