Businesses seeking insurance payouts for losses caused by COVID-19 may come up against interesting defences on causation points, barristers say.
The 5 March,
when the pandemic became a ‘notifiable disease’, will be a significant date for
businesses who source products from China―losses occurring before then may be
excluded. Lawyers should also note that ‘mitigation of loss is likely to prove
one of the most hostile battlegrounds’ in coronavirus litigation.
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Jonathan Fisher KC highlights that it now accounts for around 40% of criminal offences, with roughly 70% involving technology, and argues that the UK cannot simply prosecute its way out of the problem. Detection, investigation and prosecution all require improvement, while different fraud types demand tailored responses.
