No one needs reminding of the horrendous impact COVID-19 has had on our business community.
Tens of thousands of jobs have been lost in the wake of this virus, especially in the lodge-resort-hotel-restaurant sector.
And just when you thought this sector could endure no more, they are thumped with the reality that they can’t get business continuity and interruption insurance, much less any kind of commercial insurance, at even the most preposterous of rate increases.
The pandemic has exposed significant challenges for small and medium-sized businesses relating to insurance and coverage for many has not adequately protected against pandemic-related losses.
27-02-2020
The cyber threat to supply chains and industrial control systems is growing exponentially as a result of the rapid rise in computing power. Add to this the increased use of internet of things devices and prevalence of 5G and there is the potential for something of a perfect storm of risk. Jenna McGrath, senior cyber economist at CyberCube, explains the key threat factors and how the insurance industry can respond.
Connected technologies as a tool are undoubtedly a benefit in what many now term the fourth Industrial Age. From the internet of things (IoT) to better connectivity through 5G, industries enjoy greater efficiencies, lower costs and are better placed for growth and innovation as a result of technological innovation.
Entertainment Industry Coalition Asks Senate to Address Need for Pandemic Risk Insurance
“Federal legislation is needed to get American workers meaningfully back to work on film, television and sports productions,” the letter readsDiane Haithman | February 19, 2021 @ 7:24 PM Last Updated: February 19, 2021 @ 7:29 PM
A coalition of film, television and sports production organizations has written a letter to Senate leadership asking the group to address the “severe damage to our families, workforce and economy” caused by the pandemic and the industry shutdown that followed and for the addition of pandemic risk coverage.
The coalition which includes the Motion Picture Association (MPA,) Independent Film & Television Alliance, Nascar, NCTA Internet and Television Assn., the NFL, the Directors Guild, the National Association of Broadcasters, IATSE, the Producers Guild (PGA), ACICP and SAG-AFTRA is addressed to members of the Senate Committee on Banking, Housi
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Film, television and sports groups including SAG-AFTRA, the DGA and Producers Guild additionally asked Senators for direct intervention in the form of temporary federal funds on Friday.
A coalition of industry guilds and organizations is again calling on U.S. legislators to implement accessible pandemic risk insurance coverage as COVID-19 continues to disrupt Hollywood production. As you develop the agenda for the Senate Committee on Banking, Housing, and Urban Affairs for this year, the film, TV, and sports industries respectfully request that you address the broad economic impact that the withdrawal of pandemic risk coverage has created for our businesses, a group of film, television and sports groups (including The Motion Picture Association, the Independent Film & Television Alliance, the NCTA – The Internet & Television Association, the Directors Guild of America, the National Association of Broadcasters, IATSE, the Producers Guild of Americ
Hollywood Coalition Calls on Senate Leaders to Act on “Critical Issue” of Pandemic Insurance Katie Kilkenny US Capitol In Washington
A coalition of industry guilds and organizations is again calling on U.S. legislators to implement accessible pandemic risk insurance coverage as COVID-19 continues to disrupt Hollywood production.
“As you develop the agenda for the Senate Committee on Banking, Housing, and Urban Affairs for this year, the film, TV, and sports industries respectfully request that you address the broad economic impact that the withdrawal of pandemic risk coverage has created for our businesses,” a group of film, television and sports groups (including The Motion Picture Association, the Independent Film & Television Alliance, the NCTA – The Internet & Television Association, the Directors Guild of America, the National Association of Broadcasters, IATSE, the Producers Guild of America, American Coalition for Independent Content Productio