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Helping Clients Prepare & Respond to Public Health Emergencies

Coronavirus Disease (COVID-19)

The costs associated with the outbreak of COVID-19 are mounting. Throughout the world, governments, businesses and individuals are taking action against the threat, and reality, of a pandemic event. The virus has already affected many organizations, causing business disruptions and supply chain issues. Still, despite warnings from the World Health Organization and other agencies, more companies need to take the necessary steps to prepare their employees and business continuity plans in advance to see themselves through a major crisis. The time to prepare is now.

USI has assembled the following resources, focused on risk preparedness & mitigation, and claims & coverage considerations, to help clients prepare and respond to a widespread public health emergency.

IMPORTANT UPDATES, TOOLS & RESOURCES

USI Coronavirus Update

COVID-19 is a respiratory illness first detected last December in Wuhan City, Hubei Province, China. It has since spread to countries across the globe. Common signs of infection include respiratory symptoms, fever, cough, shortness of breath and breathing difficulties, according to the World Health Organization. It can also lead to pneumonia, severe acute respiratory syndrome, kidney failure, and possible death. Significant business challenges can arise from outbreaks of the virus and/or attempts to control its spread.

Insurance coverage and claims considerations resulting from an influenza epidemic or influenza pandemic situation will require a close examination of all insurance policies in place. USI has prepared the following material, discussing how business insurance coverage may be affected, the insurance industry’s response to the situation, and steps you can take to prepare for the business impact of the virus:

USI’s Personal Risk Professionals are dedicated to protecting individuals, families, emerging wealth and Family Offices across the economic spectrum during these challenging times. USI prepared the following tools and resources to help you through any challenges that may be faced during the COVID-19 pandemic:

As COVID-19 continues to spread across the U.S., employees are concerned about their health, medical coverage, and company leave policies. To reduce uncertainty and alleviate concerns, USI has prepared these helpful updates:

USI Employee Benefits COVID-19 Compliance Updates - Q2 2022

USI Employee Benefits COVID-19 Compliance Updates - Q1 2022

USI Employee Benefits COVID-19 Compliance Updates - Q4 2021

USI Employee Benefits COVID-19 Compliance Updates - Q2 2021

USI Employee Benefits COVID-19 Compliance Updates - Q1 2021

USI Employee Benefits COVID-19 Compliance Updates - Q4 2020

USI Employee Benefits COVID-19 Compliance Updates - Q3 2020

USI Employee Benefits COVID-19 Compliance Updates - Q2 2020

USI Employee Benefits COVID-19 Compliance Updates - Q1 2020

During this period of economic uncertainty and market volatility, employers and employees are looking for guidance on how to plan and invest for retirement. To help manage these concerns, USI Consulting Group has created the following materials:

Many governmental agencies and companies are avoiding nonessential travel to high risk areas. The U.S. Department of State has issued a Level 4 Travel Advisory, asking people not to travel to China and other high-risk areas, as the rapidly spreading outbreak constitutes a Public Health Emergency of International Concern.

For travelers who may have planned trips in the coming months, or cancelled or postponed trips, USI Travel Insurance Services has created a webpage as a resource to help travelers understand their options and educate on what their travel insurance plans may cover. Please visit the webpage here.

For additional information on USI’s COVID-19 business continuity planning efforts, please refer to the following summary of “USI’s Emergency Preparedness Actions for Clients, Carriers, and Vendors.”

EXTERNAL RESOURCES

 

For more information about the Coronavirus and/or public health concerns, contact your local USI office or representative.

About USI Insurance Services

USI is one of the largest insurance brokerage and consulting firms in the world, delivering property and casualty, employee benefits, personal risk, program and retirement solutions to large risk management clients, middle market companies, smaller firms and individuals. Headquartered in Valhalla, New York, USI connects over 10,000 industry-leading professionals across more than 200 offices to serve clients’ local, national and international needs. USI has become a premier insurance brokerage and consulting firm by leveraging the USI ONE Advantage®, an interactive platform that integrates proprietary and innovative client solutions, networked local resources and expertise, and enterprise-wide collaboration to deliver customized results with positive, bottom line impact. USI attracts best-in-class industry talent with a long history of deep and continuing investment in our local communities. For more information, visit usi.com or follow us on LinkedIn, Facebook, or Twitter.

Additional Resources

USI is staying up to date on the COVID-19 pandemic. We have developed additional, industry-specific information including exclusive webinars to keep our clients informed during these uncertain times. Contact your USI Consultant to learn more.

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