Hiscox denies it 'refused' arbitration with £47m BI claim action group

Hiscox offices

Hiscox has denied that it 'refused' to participate in expedited arbitration proceedings launched by a group of businesses challenging the rejection of lockdown-related business interruption claims.

The Hiscox Action Group said this morning that the insurer had refused to agree to an expedited arbitration claim involving 369 businesses for a sum of £47m. The group announced its intention to seek

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