Liam Murphy, property damage and policy coverage partner at BLM, discusses the risks posed by Brexit and the pandemic on insurance policies for property businesses
Writing for Property Notify, Liam said:
“There is an old adage, often heard upon the existence of an insurance policy, along the lines of “it is okay, it is covered by the insurance”. This overly simplistic take is one that often fails to take into account all issues surrounding the scope and extent of any policy cover in place. Perhaps this has never been more apparent than in the current economic climate where society and businesses alike are being impacted by supply chain shortages and increased prices for materials. These factors have been significantly contributed to by both Brexit and the ongoing global COVID-19 pandemic.”
Click here to read the article in full in Property Notify.