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Update: ABI Comment on business insurance & COVID-19

Following the Prime Minister and Chancellor's comments on insurance during the Government press conference earlier this evening, the ABI has issued this further comment; 

"The Chancellor's statement today is consistent with our statement this morning where we said in the event businesses have the right cover, this type of notification could help make a claim.

But, as the Chancellor acknowledged, the vast majority won’t have purchased extended cover and this remains unchanged."




Notes for Editors

Enquiries to:

Malcolm Tarling                          020 7216 7410    Mobile: 07776 147667

Laura Dawson                            020 7216 7338    Mobile: 0772 5245838

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  1. The Association of British Insurers is the voice of the UK’s world leading insurance and long-term savings industry.

A productive, inclusive and thriving sector, we are an industry that provides peace of mind to households and businesses across the UK and powers the growth of local and regional economies by enabling trade, risk taking, investment and innovation.

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Last updated 17/03/2020