The Role of Insurance in Virus Fallout

The video discusses the expected disruptions in supply chains due to the coronavirus and the role of commercial property insurance in mitigating business risks. It highlights the challenges insurers face in covering losses without physical property damage and the potential for increased awareness and demand for pandemic-related coverage. The video also explores the prevalence of business interruption insurance and the possible future changes in policies to address pandemics.

What are the potential risks that businesses face due to disruptions in supply chains?

How do commercial property insurance policies provide coverage for businesses?

What challenges do insurers face when it comes to claims related to the coronavirus outbreak?

What should businesses do to prepare for potential disruptions in their operations?

In what ways might the coronavirus pandemic influence the insurance market?