Skip to content
Subscriber Only

Covid-Claim Investors Seek Windfall Over Denied Coverage

  • Litigation funders gear up for pandemic coverage battles
  • U.K. court ruling seen as setback for insurers dodging claims
relates to Covid-Claim Investors Seek Windfall Over Denied Coverage
Updated on

A growing market niche where investors profit from others’ legal troubles is getting a boost from Covid.

Distressed-investing funds and litigation-finance boutiques are likely to be spoiled for choice after a landmark U.K. court ruling last month rejected pleas from insurers looking to dodge pandemic payouts. They’re looking to finance or buy denied Covid-19 insurance claims for policyholders without the means or stomach for taking their insurers to court.