With the constantly changing landscape and the obvious need for
us all to prioritize the health and well-being of our employees,
clients and business partners, it can be difficult to focus on the
next steps businesses need to take to protect themselves.
Cooley recently published two blog posts on the possible insurance implications of the continuing
spread of the coronavirus and on the more general commercial pressures that businesses are
facing and will continue to face.
But when it comes to maximizing returns from a company's
insurance portfolio, every business should be thinking about two
critical steps:
1. Evaluating your insurance policies
Depending on the nature of the problems faced, a number of
classes of insurance may be available to protect businesses,
including event cancellation or other contingency insurance,
political risk insurance, business interruption cover, directors
& officers insurance, credit insurance or specialized insurance
protections
