As many Australian organisations continue to suffer disruption and unprecedented losses as a result of the pandemic; in addition to the recent High Court decision regarding the Quarantine Act, the Insurance Council of Australia has a number of test cases currently before Australian courts to clarify issues relating to exclusions in COVID-19 related business interruption claims.
Aon recently hosted an informative webinar – with guest presenter, Mark Darwin, leading Australian insurance lawyer and business interruption specialist from international law firm, Herbert Smith Freehills – to explore the implications of the recent High Court decision; the progression of the various test cases; and what this means for Australian policy holders.
The webinar included a detailed analysis of:
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- The Insurance Council of Australia test cases including the current state of the Star Casino test case and the recent High Court decision regarding the Quarantine Act
- Expected implications of the judgement and impact on business interruption claims
- Elements required for successful business interruption claims
- Coverage insights for organisations suffering COVID-19 related losses