COVID-19 (Coronavirus)

The COVID-19 (coronavirus) pandemic has disrupted daily life as we know it, roiled financial markets and instilled fear and uncertainty in many, challenging leaders in government and business to allay concerns and respond to the crisis. We are approaching the array of issues COVID-19 presents through the lenses of people, risk and capital, creating content daily in these three areas to help business better understand and manage the crisis.

Protecting people

With virtually the entire country practicing social distancing, most employees who can work from have been doing so. Working from home presents its own challenges, among which is ergonomics.

Another concern for employers is the impact the pandemic might have on drug supply chains, but there are steps employers can take to help ensure employees have access to critical medications.

Throughout the crisis, maintaining communications with employees can help them through this challenging time and demonstrate that leadership cares about their wellbeing.

Managing risk

In terms of risk, the first question many are asking is, “Will my insurance cover losses associated with COVID-19?” Coverage depends on several factors, primarily the type of coverage, the nature of the loss and the policy itself.

But managing risk goes far beyond insurance. For example, how to handle employees who were overseas who would like to return home. When to encourage colleagues to go back into the office. And how to help protect essential employees who must work during the crisis.

Contact an expert

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Frederick Gentile

Director of Risk Engagement

Email | +44 203 124 6000

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Safeguarding capital

The COVID-19 pandemic has already had a deep impact on capital markets. And its long-term impact will not be understood for some time. Businesses should take a long-term perspective but be prepared for a recession, which is likely.

Additional resources

For more information, consider visiting the following resources: