UK COVID-19 Risk Management and Insurance advice
Aon understands that this is a difficult time for UK businesses and we want to do all we can to provide you with information during this time.
Over the past few weeks, concern in the UK has intensified as increasing numbers of people have been diagnosed with Coronavirus (COVID-19). On the 30 January 2020, based on the World Health Organization’s (WHO) declaration that this is a public health emergency of international concern, the UK Chief Medical Officers raised the risk to the UK from low to moderate.
There are many ways that businesses might be affected by the escalating virus outbreak, e.g. absent employees, enforced closures, increased global disruption causing supply chain issues, travel restrictions, reduced customer footfall, as well as various self-imposed controls. The UK Government recently announced that Coronavirus (COVID-19) will be formally listed as a notifiable disease, which will help businesses claim from their insurances. However, despite various press reports that the listing of Coronavirus (COVID-19) as a notifiable disease would unlock the door for businesses to make insurance claims, the position is actually much less clear cut.
Leaders from Aon’s Infectious Disease Response Task Force will monitor and address business impacts that may result from Coronavirus (COVID-19) and continue to offer insights and advisory services.
UK Insurance advisory
For our UK based clients we have put together a paper that examines the probable response of those policies most likely to be affected and some of the potential issues that may arise in pursuing a claim.
As a business insurance broker, we can arrange general or specific insurance cover such as professional indemnity insurance or cyber insurance for small to medium size businesses across different industries and professions.
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