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Robin Cohen provided commentary to Financial Times’ article “Business Disruption Insurance: Can it Help with Coronavirus?”

April 7, 2020·News·less than a minute

Robin Cohen was quoted by Financial Times in the article “Business Disruption Insurance: Can it help with Coronavirus.” The article discusses how companies have been paying premiums for business interruption insurance yet insurers are claiming pandemics are excluded. Robin said that “A lot of coverage we’ve seen does not have a virus exclusion at all. There were strong grounds for saying that the virus had caused physical damage to properties. In the US, the government-ordered lockdown might also trigger claims. A lot of governments are ordering people to vacate properties. The virus isn’t causing the loss, it’s the government orders.” Read the entire article here.

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