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Small businesses await coronavirus insurance appeal decision

September 16, 2020, Financial Times

Alex Leitch spoke with the Financial Times about a High Court landmark legal ruling in which insurers will cover the losses incurred by COVID-19 of UK small businesses. Mr. Leitch says, “The policyholders are likely to have suffered cash flow issues and any delay probably improves the leverage of insurance companies in terms of getting individual claims settled.”

He adds that the ruling was “not the 10-0 defeat for insurers that some were expecting.”

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