Insurance Claims Africa, ICA overwhelmed by Covid-19 related claims

The South African Tourism and Hospitality sector is facing an imminent sustainability crisis, as insurance companies are rejecting claims related to the Covid-19 pandemic, for which many policyholders believe they are covered under their Business Interruption extension. Insurance Claims Africa, ICA - a specialist public loss adjustment firm - has over 4 - hundred claimants in this sector against a number of insurers. The firm acts exclusively on behalf of the claimants, assisting them in a time of crises to prepare, motivate, quantify and negotiate settlement of their insurance claim. ICA is currently in discussions with leading insurance companies, in an attempt to reach a sensible settlement for these businesses who face imminent closure. If these discussions are unsuccessful, it will turn to the courts. More from ICA's Chief Executive Officer, Ryan Woolley....