Leveraging publicly available information and the insights of a variety of in-house specialists, including those that helped create the original US Centers for Disease Control and Prevention (CDC) pandemic response protocols, Oliver Wyman has prepared some actuarial considerations to assist insurers assessing COVID-19’s potential impact to their business. Oliver Wyman is an a ... Continue Reading »
pandemic
COVID-19: Evolving Insurance and Risk Management Implications
In a new report, COVID-19: Evolving Insurance and Risk Management Implications, Guy Carpenter-affiliate Marsh provides an overview of some of the key coverage, claims, and risk management areas that are currently top of mind for businesses and insurers. COVID-19 could have implications for a variety of coverage lines, including property, casualty, event cancellation, management ... Continue Reading »
Private Equity Responses to COVID-19
COVID-19 has infected thousands of people globally and is taking its toll on individuals, families, and economies as productivity drops and stock markets reflect increased global uncertainty. Experts are monitoring numerous items in an attempt to determine how long this could last, and how it might play out. ... Continue Reading »
Responding To COVID-19: Primer, Scenarios, And Implications
Because the COVID-19 situation is evolving rapidly, Guy Carpenter-affiliate Oliver Wyman has focused on creating a central primer on the latest status from an epidemiologic perspective and the key scenarios that can play out over time. ... Continue Reading »
Eight Actions For Corporate Treasurers In The Pandemic
The global outbreak of COVID-19 is a fast-evolving situation, with widespread ramifications across industries, including financial services. As the economic consequences of the outbreak unfold, the priority for corporate treasurers is to establish ongoing and clear communication with bank providers. Treasurers should remain in close contact with bank providers across a range of ... Continue Reading »
Emerge Stronger From A Crisis: Five near-term moves to accelerate growth
Businesses must act swiftly during a crisis to maintain near-term viability. But it can be tempting to overreact and focus too much on cutting costs to preserve cash, according to Kevin Berger and Jessica Stansbury, Partners at Guy Carpenter-affiliate Oliver Wyman. This is rarely the best path to ensure long-term success. ... Continue Reading »
COVID-19 Is Officially a Pandemic. What Now?
With the World Health Organization (WHO) now calling COVID-19 a global pandemic, many businesses are wondering what it means for them. The answer: Not much, from a practical standpoint. But it’s a reminder that this global health crisis is significant — and that a proactive response is essential, according to Jeffrey Alpaugh, Managing Director, U.S. & Canada Growth & Ind ... Continue Reading »
COVID-19: Managing Supply-Chain Disruption
Supply chain disruptions that are both sudden in onset and potentially long-term in duration, like those presently occurring as a result of COVID-19, present firms with a series of challenges. ... Continue Reading »
Payers’ Moment of Truth is Here
With COVID-19 now officially a pandemic, the first step healthcare payers (and all employers) must take is trifold: ensure business resiliency, establish a crisis response structure, and secure employee safety. Payers will specifically be called on to continue leading the way in supporting the greater public health response, according to Chris Bernene, Partner in Health & ... Continue Reading »
How US Retailers Should Prepare To Weather The Pandemic
While many cities in Asia and portions of Europe have been locked-down, across much of the United States it’s business-as-usual in retail and stores remain busy (in many cases busier than usual). The difference may mainly be one of timing. ... Continue Reading »
