We have access to a new and important risk management tool: Epidemic Risk Insurance. This is designed to protect organizations against loss of income due to disease epidemics (and pandemics). A timely subject for us all. Limits of up to $50M are available with policy terms of up to two years. This does not apply to the current Covid -19 pandemic but is available for any future unforeseen similar disasters! Did you know we’ve had 11 since the year 2000? Remember Avian Flu? SARS? Swine Flu? While this product is currently available we expect it to be extremely popular given the current Covid-19 pandemic losses. This will mean restricted availability and eventually closing of the market. If you are interested contact us soon!
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