Media Release -- Former Olympian Takes on QBE in High Court
The High Court of New Zealand has today heard the cases of two Christchurch business owners struggling against QBE Insurance for property damages caused by the Christchurch earthquakes.
The Court found that the full sum insured is available for damaged caused by each separate earthquake. This makes it possible to bring a claim to recover the full cost of restoration or replacement of a business.
Former NZ Olympic bronze medalist and rowing champion Don Symon, took the case all the way to the High Court with the help of risk experts Risk Worldwide New Zealand who specialise in claims for earthquake affected properties.
“After the four earthquakes my business premises were devastated just like so many others in Christchurch, it has been a tough time going up against the insurer’s to get the money we are entitled to – we needed to rebuild the business and completely start over,” he said.
Don Symon’s chain of ‘Wild South’ outdoor clothing stores, were badly damaged during the earthquakes.
Risk Worldwide New Zealand Director Michael Childress said today’s decision was a step in the right direction.
“There is still some way to go toward securing justice for our clients but we are hopeful that the High Court will make the right decision and ultimately order QBE Insurance to pay our clients what they are rightfully entitled to under their polices,” Mr Childress said.
Risk Worlwide New Zealand is reviewing today's ruling and considering how it can be applied to help other businesses affected by the earthquakes.
For more information about the case or an interview:
Michael Childress, Director Risk Worldwide New Zealand
Phone: 03 943 4141 or 021 062 0496