A Message to Our Clients
The COVID-19 pandemic has affected many of us in ways we never would have imagined just a few short weeks ago. While the pandemic is first and foremost a human tragedy, we are also deeply concerned about its impact on our economy. The stakes – for businesses and organizations of all sizes, their owners and employees, retirees and the US economy – are high. That’s why John Doyle, CEO of Marsh, wrote to Congress and the Administration to offer Marsh’s assistance in creating a public-private pandemic risk solution that can accelerate our economic recovery and provide much-needed protection against future pandemic risks.
We believe that a pandemic risk insurance program for corporations would ultimately have a favorable impact on all stakeholders in the event of a future pandemic. It can:
- Facilitate access to capital from both lenders and equity markets that will require assurance against future pandemic risks.
- Establish a viable insurance market – with sufficient and affordable capacity – for pandemic risk.
- Create greater certainty for both businesses and employees if we face a recurrence of the COVID-19 pandemic or during a future pandemic.
- Enhance the resilience of the US economy and its ability to bounce back following a future pandemic.
As the COVID-19 pandemic continues, we remain committed to helping clients by advocating for solutions to help mitigate future risks. The Pandemic Risk Protection Report, developed by Marsh, analyzes the economic impact of COVID-19, and serves to support our outreach to Congress and the administration. Review the report. We will continue to update you on the latest insurance information on the Marsh Private Client Services COVID-19 resource page.
Know that we are here for you during this challenging and unprecedented time. Our colleagues have transitioned to a work-from-home environment and are leveraging technology resources to continue to serve you as seamlessly as possible. I welcome any feedback you would like to share.
Thank you for your business, and most importantly, please stay safe and healthy.
Marsh Private Client Services