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Covid-19: Business Interruption Insurance - Private Notice Question

Part of the debate – in the House of Lords at 3:10 pm on 17th March 2020.

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Photo of Lord Hunt of Kings Heath Lord Hunt of Kings Heath Labour 3:10 pm, 17th March 2020

My Lords, earlier today in the other place, during a debate on finance, it was said that Ministers in the Treasury would be meeting the insurance industry this morning, I think. The Minister said that lines of communication are open, but what is the nature of the discussions with the industry? Are the Government telling the insurance industry that it needs to refocus its effort on supporting its customers or, as the noble Lord, Lord Clement-Jones, suggested, will they underpin these businesses with, in essence, their own insurance policy?