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ARTICLE · 01 APRIL 2020

COVID-19 Insurance Checklist

1. Make an inventory of risk pathways that could affect your business.

United StatesInsurance

1. Make an inventory of risk pathways that could affect your business.

  • Identify essential supply chains, raw materials or parts providers and service providers to assess impact of potential disruptions.
    • Stress-test what would happen if each supply chain were interrupted.
    • Identify markets and customers whose disruption could affect your business
  • Identify potential sources of liability if your business were impacted by COVID-19.
    • Failure to take adequate measures to prevent exposure of customers to infection from employees or contaminated premises
    • Failure to meet contracted-for requirements
    • Management failure to train employees to avoid transmission and to plan adequately for impacts, with concomitant claims by shareholders, regulatory authorities, customers, third parties

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