Introduction
Welcome to the seventh edition of Herbert Smith Freehills'
Policyholder Insurance Highlights.
In this publication, we have pulled together the key takeaways
for insurance policyholders, their brokers and claims advisors from
the most relevant insurance cases and market developments over the
last 12 months.
Consistent with the trends we identified in previous editions of
Policyholder Insurance Highlights, the main messages this year
are:
- COVID-19 has meant insurance has been front page news and
top of mind for corporate Australia: interruption to
Australian (and global) businesses as a result of COVID-19 has been
widespread. Because COVID-19 is not a typical 'physical
damage' trigger for business interruption policies, there has
been a significant focus on the response of various
'non-damage' extensions for disease, prevention of access
and actions by authorities as policyholders search for insurance to
cover the financial impact of the
