Business Insurance Dispute Solicitors
Manchester
0161 248 4444Blackburn
01254 917425Business
Interruption
At Ashwood Solicitors, we have an expert team of solicitors who specialise in Insurance Disputes; we can offer specialist advice and legal assistance on claiming the compensation that you are entitled to.
The coronavirus pandemic has had a severe impact on all our lives and the subsequent lockdowns have resulted in significant disruption for businesses in many sectors. We have helped a wide range of businesses who haven’t received the Business Interruption Insurance policies payout by insurers for a variety of reasons.
At Ashwood Solicitors, we offer fixed fee services for those uncertain if their business interruption insurance covers them for the pandemic and those looking to respond to their insurer’s refusal. Once we understand your specific circumstances, we can provide clear advice on the next steps as to how much compensation you’ll be entitled to.
Key Person Insurance
This is also called ‘key man’ insurance; these policies are there to shield policyholders from the financial impacts if they lose key people due to death or incapacity by compensating the business. Our team can advise on what can be done when bringing together a claim if an event, such as the pandemic, has led to the incapacity of whose skills and knowledge was vital to the success of your business.
How to claim business interruption insurance?
On 15 January 2021, the UK Supreme Court delivered its judgment on the Financial Conduct Authority Business Interruption test case against several insurance companies. The impact of the judgment in favour of businesses is far-reaching. It potentially allows businesses to have their business interruption claims reconsidered, or it may qualify for a new claim to be submitted for consideration by their insurer.
Our team at Ashwood Solicitors will conduct a review of your policy and advise on the merits of recovery. We will be there during every step in preparing your case and negotiating with insurers to ensure that you recover the maximum amount to minimise the impact of these unprecedented times.
Broker Negligence
We have an excellent track record with professional negligence claims, including an insurance broker fails to give appropriate advice to policyholders. They may have incorrectly advised you and therefore, you may have suffered a financial loss; this is where we will assess the correspondence and circumstances in which this occurred.
If appropriate, we will mitigate your loss by recovering an amount that is equal to the loss as a result of the broker’s negligence.
Applications to the Financial Ombudsman
Policyholders who are consumers or small businesses can make a complaint to the Financial Ombudsman. They have statutory powers to settle disputes between insurers and policyholders for losses suffered up to a certain amount (currently £350,000).
At Ashwood Solicitors, we have a team who can help assess whether you meet the criteria and provide advice on the likelihood of the decision made by the Ombudsman.
Contact Us
At Ashwood Solicitors, we specialise in a wide range of legal matters, which has earned us an excellent reputation across the country. We can assist wherever you are based, including meeting via video link and we also have offices in Manchester and Blackburn. For a free initial discussion and a no-obligation quote, call our friendly team today on 0161 248 4444 or email us at info@ashwoodsolicitors.co.uk.
Free Initial Discussion
For a free initial discussion and a no-obligation quote, call our friendly team today on 0161 248 4444 or email us at info@ashwoodsolicitors.co.uk and a member of our team will get back to you.
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Why Choose Us?
Using our depth and breadth of expertise, we have helped clients with a wide range of legal matters. At Ashwood Solicitors, our approach is to be proactive and work with you to achieve your objectives and deliver successful outcomes as efficiently and swiftly as possible.
We can clearly explain the legal issues and provide you with expert advice tailored to your specific circumstances. We have dealt with a lot of insurance disputes and settled them outside of court, either through negotiation or mediation. However, we understand how stressful the whole thing can be, which is why we avoid court unless the case cannot be settled amicably.
