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

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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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