ICA applauds two insurers for business interruption payouts

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Insurance Claims Africa, which represents more than 850 claimants, says not all insurers are on board

Insurance Claims Africa has welcomed the decision by Hollard and Guardrisk to pay claims from businesses forced to close during the national lockdown to stem the spread of the coronavirus.

Ryan Woolley, CEO of ICA, said Hollard has since also agreed to start processing claims as long as the policies contained the appropriate and similar cover to the policy assessed by the SCA in the Cafe Chameleon case.

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Save us the reading, which ones aren't on board? Out? Lib? Disc?

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