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Due to the lockdown, many South Africans have had to adapt to working from home, which may soon become the new normal in years to come. As the lockdown took effect and we moved into a digitally connected world, more and more of us were using our cell phones and computers to go online, our window to the outside world.
Mactavish, the specialist outsourced insurance buyer and claims resolution expert, says the legal ruling today on the FCA led case around business interruption insurance policy wordings in relation to claims caused by the Covid-19 pandemic is welcome, but its limited focus means that very few policyholders will be able to use this to achieve speedy resolution of their claims and get the cash their business needs.
To say 2020 has been a year full of surprises would be an understatement. The seemingly unforeseen challenges that have been brought to the fore around the world, stretch far beyond the principle impact Covid-19 has had on all four corners of the globe. The “one in a hundred years” event has had a monumental impact and effect on the small business sector.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?