Having weathered the initial impact, organisations will find themselves responding to a changed business environment. Protracted periods of social distancing and remote working will challenge all businesses in all industries, but in very different ways. Risk appetite and tolerance of organisations will change in the short term and possibly for some time to come.
In order to be able to respond effectively, organisations should engage in the following activities:
- Online pandemic response assessment
- Colleague safety and guidance
- Property safety and guidance
- Insurance Management
- Claims reporting
- Business resilience
- Cyber Implications
Simple Steps for Employers to Reduce Their Employees’ Stress at Home
A BRINK interview with Jennifer Petriglieri Associate Professor of Organizational Behavior at INSEAD
Read more
Don’t Let Pandemic Distractions Hamper Safety
In the midst of the COVID-19 pandemic, employers need to be cautions that distracted workers don't make mistakes that hamper safety.
How to Protect Your Workers' Mental Health During Coronavirus
The impact of the COVID-19 pandemic on the mental health of the workforce is not to be underestimated.
Security Tips for Remote Working
As people opt to work from home during the current COVID-19 pandemic, Marsh Risk Consulting has created the below list of security tips to help aid in a secure working environment.
Coronavirus Outbreak: What You Need to Know
Hundreds of cases of the coronavirus have been reported and the World Health Organization (WHO) is considering the outbreak "a high risk, regionally and globally."
Coronavirus: 10 Ways to Keep Employees Comfortable While Working From Home
Millions of people who have never worked from home are now doing so because of the pandemic. A few small changes to their home work environments can help create more comfortable, safe, and productive telecommuting experiences.
How to Work Together Remotely During Coronavirus
The coronavirus (COVID-19) outbreak has fundamentally challenged ways of working and has created an enormous demand for better remote meeting and virtual collaboration.
COVID-19 Employer Guide: Ten Considerations to Support your Workforce
Keep your workplaces and employees safe, engaged and productive.
COVID-19 Employee Mental Resilience
As the COVID-19 outbreak continues to spread around the world, uncertainty is growing among people; not only does the virus seem to evolve, public opinion about the outbreak shifts rapidly amidst the spread of unverified news.
Stay Healthy: What Your Employees Can Do to Protect Themselves
Investing in employee wellness makes business sense. With the coronavirus (COVID-19) threat in all countries, particular attention is needed.
As Coronavirus Spreads, Society and Organizations Take an Emotional Journey
Understanding the emotional impact of COVID-19 is key to empathizing with others who are at various stages in the process.
How to Put People First As the Coronavirus Outbreak Grows
In the face of this risk, it’s important that businesses take steps to plan for and protect against the potential implications for revenues, operations, customers, vendors and, especially, employees.
COVID-19's Political Risk Impact: World Risk Review Findings
Significant change has occurred in many countries' economic, political, and security risks, reflecting COVID-19's impact on countries, businesses, and people.
COVID-19: The Impact on Marine Protection and Indemnity Coverage
How will Marine Protection and Indemnity (P&I) cover respond to COVID-19 for ship owners, operators, and cargo owners.
COVID-19's Critical Disruption of Complex Supply Chains
Understanding the complexity of supply chains and the potential impact of new disruptive events, such as coronavirus (COVID-19), is key.
COVID-19: Cybersecurity Checklist for Remote Working
With this Cybersecurity Checklist, learn how to better guard against cyber threats in the current remote environment.
COVID-19: Managing Work Stoppages Under Construction Contract Works Policies
Many construction sites could be forced to close or have their work slowed. It is vital that companies respond without delay to reduce the potential for significant consequences later on.
COVID-19: Property Insurance Considerations
It is important for companies to understand their potential property insurance coverage issues in response to ongoing financial loss.
COVID-19: Evolving Insurance and Risk Management Implications
As the COVID-19 pandemic impacts people and economies, it raises coverage, claims, and risk management issues for businesses and insurers. Explore what is top of mind for both.
COVID-19: Implications for Cyber Coverage
Risk professionals, with their insurance advisors, should review policy language to refresh awareness of what is/is not covered, to ensure that coverage will be triggered in the event of a loss.
Pandemic Fact Sheet
While you may have planned for emergency situations that could impact your operations, you may not be fully prepared for COVID-19's prolonged effects on staff welfare, operations, supply chains and the broader economy.
Outbreaks, Epidemics, and Pandemics: Preparedness and Response Strategies
The novel coronavirus (2019-nCoV) and other disease outbreaks pose social and economic risks that businesses can address through appropriate risk transfer and mitigation strategies.
Coronavirus: Risks Continue for Directors and Officers
Despite financial regulators stepping in amid the Coronavirus (COVID-19) pandemic, directors and officers should not be complacent.
Coronavirus: Preparing for Business Interruption and Other Claims
Organizations are preparing for possible effects of COVID-19 on their operations.
Coronavirus Resilience
Our fact sheet provides an action plan and guidance on preparing for and responding to the novel coronavirus outbreak.
COVID-19: What are the Trade and Insurance Implications?
The COVID-19 outbreak and efforts to contain its spread are disrupting economic activity - what are the implications for the trade credit and surety insurance markets?
How Volatility in Oil Prices Caused by Coronavirus Could Affect Shipping and Insurance
The spread of coronavirus and its impact on global oil prices will have implications on the marine insurance market.
Pandemic Response and the Temporary Closing of Facilities
The rapidly evolving COVID-19 pandemic has prompted governments and businesses to take extraordinary steps to help slow the spread of the virus and keep people safe.
We are here for you
As COVID-19 continues to affect how we all do business and interact with one another, we are committed to continue to deliver timely and relevant information to our clients and broader community. If you have any questions or would like to have a conversation about the impact coronavirus is having on your business, please reach out to your Marsh representative, or email us here.
You can also follow us on LinkedIn to stay abreast on our latest updates.