Covid-19: Industry responds to viral threat
Insurance Age investigates how brokers and insurers are responding to the Covid-19 crisis, as Biba cancels its conference and the ABI comes under fire
Coronavirus had been an under the radar threat since the start of the year, with the UK watching from the sidelines as it tore through places such as Wuhan in China. As we moved into March it really began to bite the UK, with people forced to change work patterns, self-isolate and social distance.
The insurance implications arising from the Covid-19 outbreak are wide-ranging.
The bell tolls
The most symbolic emblem of the change was when Lloyd’s of London closed its underwriting room on 19
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