Zurich Drafts Pandemic Risk Concept for Facilitating Future Pandemic Protection
The 2020 coronavirus pandemic impacted the world in ways not experienced since the influenza pandemic of 1918. Unfortunately, there is no guarantee such an event might not occur again, once more disrupting the lives of individuals and businesses around the globe.
At Zurich, we strongly believe there is a role for the insurance industry to play in the creation of a sustainable, cost-effective pandemic solution to meet the needs of current and future customers. The insurance industry is aware that pandemic is not an insurable risk and, thus, generally, our products do not provide such coverage. As we see it, the answer lies in a public-private collaboration between insurers and the government.
Click here to head to Zurich North America’s pandemic risk page.