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Coronavirus (COVID-19)—EIOPA asks insurers to review product oversight and governance measures

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Published on: 08 July 2020

Published by LNB News

LNB News 08/07/2020

Document Information

Issue Date: 08 July 2020

Published Date: 08 July 2020

Jurisdiction(s): United Kingdom

Article summary

The European Insurance and Occupational Pensions Authority (EIOPA) has issued a statement calling on insurance companies to review their product oversight and governance measures because of the potential impact the coronavirus (COVID-19) pandemic can have on products and their utility for customers. EIOPA says it is ‘vitally important that insurance companies place the fair treatment of customers at the heart of their response to the COVID-19 pandemic’.

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