Coronavirus (COVID-19) is affecting the entire world, from local businesses to global enterprises. We offer insights, guidance and information to help you keep on top of what this worldwide outbreak means for your organisation.
The time to take action is now. Organisations must move from planning to response.
It is important to take a People-First approach by listening to employees' concerns to ease anxiety and preparing to amend policies and plans based on evolving advice from governments and health officials.
While most firms plan for emergency situations that impact business continuity, the COVID-19 pandemic has caught many off guard. Marsh has been helping clients prepare for and respond to the outbreak to protect their people, business operations, and reputation.
Key questions to ask:
- Do you know what needs to be done now to protect your people and business interests?
- Do you know how your organisation might be impacted in the near and medium term?
- Do you have confidence in your plans to be able to respond and quickly recover?
- How long can your people and systems cope under these extraordinary circumstances?
- Does your insurance provide any cover for this crisis?
Economic distress dominates companies’ top concerns, yet leaders must act now to address the knock-on effect of far-reaching environmental, societal, and technological risks.
As COVID-19 continues to affect how we all do business and interact socially, we want you to know that we’re here for you. Our priority is the safety and health of our clients, colleagues and communities.
Contractors, developers, and civil engineers are committing themselves to improving workers' mental wellbeing, but the robustness of fledgling initiatives could be greatly tested by COVID-19.
For many, working from home could have an impact. Learn how to spot the signs of declining mental health so they can be addressed without delay.
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.
The societal and work adaptations since the UK went into COVID-19 lockdown (23 March) have been challenging. The question now facing organisations and individuals is: are they ready for what comes next?
UK construction site security breaches cost the industry about £1.2 billion annually; with pandemic-related shutdowns and the changing CAR insurance market, could you afford a security breach?
We examine the differences in quarantine rules and the impact on cover among the International Group (IG) P&I clubs to ship owners, operators, and cargo owners.
How organisations can manage the impacts of the COVID-19 crisis and beyond, through an analytically informed review of their risk financing strategy.
Companies' IT infrastructures may now see increased demand, while cyber-threat actors seek to exploit weaknesses. Protect yourself from malicious cyber threats.
With logistics workers playing a key role in continuity of supply chains, logistics and haulage companies need to safeguard their workers by mitigating employee risks.
COVID-19 implications can expose food manufacturing companies to new risks in an already demanding environment. Acting now could help manage and safeguard your business for the future.
COVID-19 has created a new trading environment for manufacturers, presenting new opportunities - and risks. Review steps that can help manage this altered risk landscape.
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.
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.
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?
The spread of coronavirus and its impact on global oil prices will have implications on the marine insurance market.
Some insurers will wait to assess COVID-19's severity but various coverage areas are already feeling the impact. What are the key questions and considerations?
It's vital organisations prioritise cybersecurity and to understand the pandemic's implications for cyber insurance – particularly policy response and changing underwriting concerns.
In the midst of the need for urgent action, businesses should still find time to review their insurance policies and to engage with their broker, legal advisors, and insurers.
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.
As the pandemic continues, risk professionals, with their insurance advisors, should review policy language, refresh their awareness of what is and is not covered, and act as necessary to ensure coverage will be triggered in the event of a loss.
The COVID-19 pandemic and efforts to contain its spread are disrupting economic activity - what are the implications for credit and surety insurance markets?
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.
Significant change has occurred in many countries' economic, political, and security risks, reflecting COVID-19's impact on countries, businesses, and people.
Covid-19 Insurance Considerations. Ahead of an outbreak, risk professionals should understand the coverages they purchase and how each might be expected to respond to a pandemic.