Jonathan Sacher on FCA's decision as Covid-19 BI disputes intensify

May 06, 2020, 07:47 PM
This week on The Best Policy podcast, we speak to the co-head of the multi-disciplinary insurance sector at Bryan Cave Leighton Paisner - Jonathan Sacher, one of the London market's preeminent insurance and reinsurance lawyers.

In the first half of our interview, Jonathan shares his thoughts on last week's Financial Conduct Authority (FCA) announcement as Covid-19 lawsuits continue to mount.

In an unsual move, the UK regulator has declared that it was to effectively sweep up all disputed business interruption (BI) coverage wordings and bring them before a court. But BI property claims are only one area of industry exposure. Would there be significant disputes from other classes and would this include reinsurance and retro?

In Part I, the co-head of the legal practice answers these and other topical questions in an insightful discussion that makes for essential listening.