BizNews founder Alec Hogg asks Hollard boss the tough questions about business interruption insurance
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Insurance companies have refused to pay up for business interruption insurance, insisting that they are not liable for Covid-related shutdowns. But, a court has ruled against them. Instead of giving their clients what is owed, insurers have offered relief payments to some - with the caveat that they are not legally liable. In this interview BizNews founder Alec Hogg asks Willie Lategan, Hollard CEO, to explain the Hollard stance - and whether he thinks the insurance sector can survive this scandal.