Working for the UK Tourism Industry
The measures imposed during the COVID-19 pandemic caused significant and lasting financial challenges for businesses, with the initial response from the insurance market to decline cover.
While the judgement handed down by the Supreme Court in the FCA test cases have changed the landscape, these issues remain unresolved for many businesses that are unaware of opportunities to recuperate losses or what action to take next.
broke-it.co.uk and its expert team of seasoned insurance lawyers and industry specialists is focusing on the Tourism sector, to highlight and recover COVID-19 business interruption claims within the tourism and hospitality sectors.
Case Study Claims Submitted
Case Study 1: Family-Run Restaurant, Northern England
Includes 5 hotel rooms — £68,000 Claim Submitted
Annual turnover: £300,000 | Revenue decline from 2019 to 2020: £140,000
Resulting gross profit loss: £108,000 | Additional costs to resume operations: £5,000
Interest added to reflect delay in recovery (since 2021)
After careful analysis and adjustments, we submitted a claim for £68,000 on behalf of the business.
Case Study 2: 10 Bedroom Lodge, Scotland
Includes bar and Restaurant — £47,000 Claim Submitted
Annual turnover: £240,000 | Revenue decline from 2019 to 2020: £70,000
Resulting gross profit loss: £50,000 | Additional costs to resume operations: £5,000
Interest added to reflect delay in recovery (since 2021)
After careful analysis and adjustments, we submitted a claim for £47,000 on behalf of the business.
broke-it.co.uk is a trading style of Evans Hughes Limited, Company Number 12573301.
Evans Hughes Limited is authorised and regulated by the Financial Conduct Authority FRN 927014