The Coronavirus (COVID-19) and resulting actions taken by both local and federal governments are likely to impact businesses on a number of levels. Insureds will likely seek coverage for losses incurred on both a first-party and third-party basis. Policy language, endorsements and other modifications vary greatly from one policy to the next and understanding the specific driver of the loss will be critical when approaching insurers.

As always, Insgroup will work closely with impacted clients to understand their losses and explore coverage available to them. As your advocate, we will exhaust every option and turn over every stone to ensure each policy responds appropriately; providing the maximum benefit to our clients.

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External Resources

White House Federal Report
Federal Support for Small Businesses
Risk and Sanitation
Families First Coronavirus Response
Centers for Disease Control and Prevention
Premium Finance
Johns Hopkins Global Updates