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XTimely blogs from our risk and insurance experts on how to navigate the coronavirus pandemic.
Coronavirus Posts
The COVID-19 pandemic should act as a wake-up call globally regarding the management of people risks as businesses experience first-hand the reality of having large numbers of staff unwell or unable to work.
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Nothing is more critical to the health of a business than the health of its people, a fact the COVID-19 pandemic has made clear as it threatens workers physically, emotionally, and financially.
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The retail and hospitality industries are all adjusting to new realities. Practical steps will help mitigate the impact.
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In challenging times, when there may be customers unable to pay debts, it is crucial for companies to familiarise themselves with policy terms and conditions.
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Assessing the initial potential impact that COVID-19 may bring on financial institutions and their insurance.
Read moreAs the pandemic continues, risk professionals should work with their insurance advisors to carefully review policy language to refresh their awareness of what is and is not covered, and act as necessary to ensure that coverage will be triggered in the event of a loss.
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The impact of the COVID-19 outbreak on supply chains will affect the cargo industry and could leave cargo owners and carriers less insured than they imagine.
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It is crucial that companies, directors and officers consider the potential management liability risks as they react to restrictions on operations and staff management brought by COVID-19.
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Regulatory relief provided by the SEC will help public companies amid the COVID-19 outbreak. But businesses and their directors and officers should still be mindful of potential risks.
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Understanding the complexity of supply chains and the potential impact of new disruptive events, such as the Coronavirus, is key.
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