Lloyds Business Interruption Insurance Class Action


This is a class action against certain underwriters of Lloyd’s (Lloyds) in connection with business interruption insurance (BII) policies sold to jewelers and gem merchants, usually described as ‘Jewelers Block and Multi-Perils Insurance’. 

Background


The class action seeks to recover money for persons who held business interruption insurance with Lloyds and suffered financial losses because of the COVID-19 pandemic .

Class Action Eligibility


Gordon Legal, with support from one of the world’s leading litigation funder, Omni Bridgeway, have been instructed to commence an open class action against Lloyds on behalf of all persons who:

  • held business interruption insurance with Lloyds and were insured at any time during the period 19 January 2020 to 1 July 2021; and
  • had certain policy terms in their business interruption insurance policies; and
  • who suffered interruption or interference to their business as a result of the COVID-19 pandemic.

How do I sign up?

You can register your interest to receive information about becoming a funded client and will be updated on key developments as the class action progresses. 

If you have any queries, you can contact the Omni Bridgeway Client Liaison Team by email on [email protected] or free call 1800 016 464.

Omni Bridgeway Ltd (OBL) is the holder of Australian Financial Services Licence 557079 (“AFSL 557079”). Neither the funding of the class action by an Omni Bridgeway entity (“Omni Bridgeway”) nor the services provided by OBL in support of the class action are provided under AFSL 557079; rather OBL and Omni Bridgeway provide services and funding (respectively) to the class action on the basis that litigation funding schemes are an exempt financial product pursuant to the Corporations Regulations 2001. For the avoidance of doubt, your objectives, financial situation and needs have not been taken into account and you should consider whether the class action is appropriate for you taking any appropriate legal, financial or taxation advice you may require. Please note that neither OBL nor Omni Bridgeway is a member of the Australian Financial Complaints Authority.