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    HomeBlogInsurer forced to pay thousands of pounds to small firms hit by...

    Insurer forced to pay thousands of pounds to small firms hit by Covid payout delays

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    Compensation from QBE is said to be key step towards many more businesses getting payments

    One of the world’s largest insurance companies has been forced to pay thousands of pounds in interest to small businesses who suffered delayed payouts on Covid insurance claims.

    The QBE Group’s initial payout just before Christmas of over £386,000 to 86 companies raises the potential for a total outlay by insurers of up to £1.6bn in interest to customers, it is claimed.

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    ​Business | The Guardian

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