Government has been called on to intervene in the Covid-19 insurance crisis which is seeing some insurers refusing to pay out to firms on their business interruption cover.
The Alliance for Insurance Reform wants Finance Minister Paschal Donohoe to call in insurers to resolve the stand-off.
Pub owner groups, the Licensed Vintners' Association (LVA) and the Vintners' Federation of Ireland (VFI) say insurers are refusing to honour 'business interruption' cover they took out as an add-on to the property damage cover.
The representative bodies say they have received confirmation from Allianz and FBD - two of the largest providers of business interruption cover to pubs - that they will not be paying out on this cover.
Pub owners claim they have been told claims will not be met because the decision taken by the pubs to close was not mandated by law and that this crisis represents a 'force majeure' event.
Force majeure means 'superior force' in Latin and such clauses usually suspend the obligations of one or both parties in certain exceptional circumstances.
Play centres, gyms, restaurants, commercial street artists and hotels are also being told they will not get a payout under from their business interruption policies.
The Alliance for Insurance Reform has reacted to a press release from Ireland's insurer representative body by calling on the Government to intervene.
It is understood insurers fear they will go under if they have to pay out to the thousands of businesses that have closed in recent days to prevent the spread of coronavirus. It is also understood no reserves have been put aside to cover so many such claims.
The representative body for insurers, Insurance Ireland, said standard business insurance policies are designed and priced to cover standard risks.
"They are therefore unlikely to provide cover for the extraordinary preventative measures (up to and including decisions to close) that have been taken by many businesses to implement social distancing guidelines.
"Businesses should check the scope of their particular cover and speak to their insurance company or broker," said interim CEO of Insurance Ireland Gerry Hassett.