The U.K. regulator is seeking a court review of insurance policies after many COVID-19 claims were rejected.
An advisory firm has called on HSF to disclose its insurance and broker clients given its advisory role for the UK regulator.
June 17, 2020 at 10:14 AM
1 minute read
Reporter
An insurance advisory firm has called on Anglo-Australian firm Herbert Smith Freehills to show it is not conflicted in its role advising the Financial Conduct Authority (FCA) in a review of COVID-19 insurance claims.
HSF is advising the U.K. finance industry regulator on its intentions to seek a High Court review of policies after a large number of claims were rejected during the Covid-19 lockdown.
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