Authored by Sara Weathers
The COVID-19 pandemic exposed many weaknesses in the world when it comes to communicable diseases. While the world is still recovering from COVID-19, firms need to be thinking about the next one, so they can be adequately prepared.
Firms need to be sure that their risk management plans are up to date to protect both their business and their employees. Risk management plans can help minimize the damage to your firm as well as cause less stress for you and your employees when an unexpected event such as a pandemic happens.
Insurance for pandemic risks was not widely thought of prior to COVID-19, and it is now a product that is in high demand. For more on how risk insurance could benefit your firm, check out Insurance Business Magazine’s recent article.
Have questions about building a risk management plan for your firm? AdvoCap Insurance is here to help!