Wednesday, 01st Apr 2020
Businesses throughout the world have been affected by the outbreak of the coronavirus. The CILA Business Interruption SIG committee have produced a paper for CILA members to help them in their consideration of current and future business interruption claims in a landscape of ongoing lockdown measures.
The writers highlight the importance of considering existing and ongoing claims, in particular, the application of the Other Circumstances clause. The paper also considers the question of whether Damage can be said to have occurred at the premises. BI extensions for Notifiable Disease and Act of a Competent Authority are discussed and the writers recommend relevant legal cases and other sources of reference.
We are indebted to the members of the CILA Business Interruption SIG committee for producing this material at a time when there are considerable demands for technical advice on business interruption claims. Particular thanks to CILA Fellows, Damian Glynn and Andy King.