IAL Business Interruption Insurance Class Action

Overview

This class action is brought on behalf of businesses that held certain business insurance policies with CGU Insurance, and who closed their businesses due to the COVID-19 pandemic. ‘CGU Insurance’ (CGU) is one of the registered business names of Insurance Australia Limited (IAL).

The class action asks the Federal Court to determine all issues relevant to whether insurance cover is available for class members’ COVID-19 related losses, and to also make orders defining a system for the efficient and independent quantification of the insured Class Member losses.

Slater and Gordon Lawyers are conducting the action, with support from ICP Funding Pty Ltd.

Register

The Court has not yet set a deadline for group members to opt out of the proceeding.

A notification process to allow the Court to understand the level of group member interest in the proceeding concluded on 29 March 2024, however class members are still able to register their claims here.

Registration is free and does not commit you to participate in the class action.