Consulting with staff to find out what will make them feel comfortable when returning to their workplace after lockdown rules are relaxed is crucial to ensure that the plan will be successful in protecting staff and clients from COVID-19.
As some governments begin to ease COVID-19 restrictions, researchers are warning that the frequency of pandemics is likely to rise in the future. It would therefore be wise for governments and societies to act on some of the lessons from the COVID-19 crisis.
The coronavirus pandemic is changing the way businesses operate due to the need to enable social distancing. The commercial real estate and construction sector is no exception and will need to adapt together with its tenants and clients.
As lockdown measures are eased and many businesses begin to return to work, employers need to prepare for potential liability claims related to COVID-19.
From a technical perspective, working from home has worked out surprisingly well for most during the pandemic. The picture is likely to look less positive from a mental health perspective. Businesses should address potential issues as part of their duty of care to staff.
Market conditions for product recall insurance buyers are changing due to uncertainty around pandemic-related claims as well as a general push for profitability by some insurers.
UK’s watchdog Financial Conduct Authority (FCA) is seeking a court declaration to resolve contractual uncertainty in business interruption (BI) insurance policy disputes related to the Covid-19 pandemic.
As someone who has a spouse donning personal protective equipment (PPE) and working in an NHS ‘hot hub’ every day, testing has been a constant topic of discussion at home for the last ten weeks. Like me, I am sure you have been following the UK government’s attempts for 100,000, now 200,000 tests a day and have been buoyed by recent news indicating antibody tests are arriving and even vaccines might be just around the corner.
Insurers are facing higher claims pressuring underwriting profitability at the same time as investment returns are declining due to disruption on capital markets. This will affect the sector’s risk appetite and the food and drink sector will need to prepare earlier and more carefully for renewals to secure the desired protection.