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Podcast

Risk in Context Podcast: Why We Need a Pandemic Risk Solution

In this episode of Marsh’s Risk in Context podcast, Jeff Alpaugh and Arnold & Porter’s Charles Landgraf discuss the pandemic’s effects on businesses and the insurance marketplace, which highlights the need for a strong, government-backed pandemic risk framework to protect companies and the economy.

COVID-19 has simultaneously demonstrated the importance of insurance coverage to businesses and its limited ability to respond to the effects of major public health crises.

In this episode of Marsh’s Risk in Context podcast, Jeff Alpaugh and Arnold & Porter’s Charles Landgraf discuss the pandemic’s effects on businesses and the insurance marketplace, which highlights the need for a strong, government-backed pandemic risk framework to protect companies and the economy.

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Key Takeaways:

  • In addition to being a human tragedy, the pandemic has had a profound effect on businesses and the US and global economies. It has also prompted insurers to broadly exclude pandemic risk from many policy types.
  • A public-private partnership can allow pandemic risk to be managed. And it can enable businesses to plan for the future with confidence.
  • As the Business Continuity Coalition and others advocate for a solution, risk managers and others can also get involved by contacting their members of Congress.

About our Speakers

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L. Charles Landgraf

Senior Counsel

L. Charles Landgraf is senior counsel at Arnold & Porter. He is widely recognized by his clients and peers as a leading "go-to" practitioner for challenging regulatory and commercial problems in the insurance/reinsurance sector. He has extensive experience in formation and licensing of insurers and in representation of insurance and reinsurance clients in transactional and regulatory matters.