Inside Out: Is more regulation needed to stop insurers profiting from BI claims?
Post invites industry insiders affected by the key issues they believe insurance is getting ‘inside out’ to share their perspective and state their case for change. Here, a former business interruption insider argues that the government should follow the money it paid out under the furlough scheme, which – he estimates – has saved insurers from paying business interruption claims of more than £500m to date.
Mind-boggling sums of taxpayer’s money have vanished into the ether from the seemingly bottomless pit of HM Treasury’s Coronavirus Fund, with the unlikely possibility of us ever finding out where it
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