ICA applauds two insurers for business interruption payouts
Insurance Claims Africa, which represents more than 850 claimants, says not all insurers are on board
Insurance Claims Africa (ICA) 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.
This follows the recent Supreme Court of Appeal (SCA) ruling in favour of the business interruption claim made by Cafe Chameleon, a Guardrisk customer. On December 18, the company said it would abide by the ruling...