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The coronavirus has upended lives and businesses around the globe. From business interruption and supply chain disruption to event and travel cancellations, we are only just seeing the beginning stages of COVID-19's impact. These articles provide valuable insights on insurance coverage, preparation tips and more to help individuals and businesses reduce exposures as the virus spreads.
‘Black swans’ are highly unlikely and relatively unforeseeable events with potentially extreme adverse consequences. There’s a benefit to brainstorming these scenarios along with possible risk mitigation and response tactics. (ALM Media archives)Imagine if only a couple months ago you had told colleagues that life as we know it was about to be ransacked by a pandemic. It probably would have elicited little more than the same “I suppose it’s possible” response, as any earlier prognostications of airplanes crashing into buildings, earthquakes causing a tsunami leading to a nuclear catastrophe, or a near-collapse of the global financial system.
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