This week: Under pressure
UK insurers are coming under increased scrutiny as Covid-19 worsens. And this week that was certainly the case for Hiscox after businesses threatened the insurer with a class action lawsuit for rejecting claims related to the Covid-19 outbreak.
One company affected was London-based communications agency Media Zoo, which shut its offices in mid-March due to the virus, resulting in financial losses amounting to hundreds of thousands of pounds
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