COVID-19 and Your Business

Just as the Public Health Agency of Canada is responsible for mitigating the risk to Canadian individuals and healthcare providers, business owners and leaders play an important role in protecting their employees’ health and safety and ensuring preparedness through programs like business continuity plans.

COVID-19 and Your Business – Important Update

In March we published a Risk Insight that noted that property insurance policies—and the resulting business interruption coverage—require physical damage by an insured peril to trigger a claim. And, that insurers are unlikely to view the introduction of COVID-19 as a
direct cause of physical loss or damage.

We now have an important update to share.

Cyber Risk Implications of the COVID-19 Outbreak

The outbreak of COVID-19 has caused significant disruption to business and triggered the largest ‘work-from-home’ mobilization in recent decades. It’s a new reality for many and it is putting even the strongest IT and Business Continuity teams to the test.

Trends Impacting Directors’ & Officers’ Liability – COVID-19

As you review the trends below, consider your Directors and Officers Liability Insurance Program and its effectiveness and response.

Energy Risk Insights

Managing expenses through yet another economic downturn and the COVID-19 Pandemic.

In times of economic downturn and peril, we at Iridium see an opportunity to help our clients reduce their overall cost of risk. We are in this together and need to work with our clients to get through this.

COVID-19: Vacant or Unoccupied Property

With non-essential businesses closing their doors to help
reduce the spread of COVID-19 or businesses ceasing
operations due to uneconomic conditions, a new issue
has emerged – the impact of your business premises or
facility being vacant or unoccupied, which triggers a
potential coverage limitation on your commercial property
insurance policy.