Pandemic Insurance
Many organisations are still exposed to the financial consequences of a future pandemic. The UK Government Risk Register identifies a future pandemic as one of the most catastrophic risks facing the UK². Despite this, most commercial insurance policies no longer cover losses caused by communicable diseases. This means that if a business is forced to close or loses income due to a future pandemic, standard policies may not respond.
A specialist pandemic insurance solution
A specialist insurance solution has been developed to help organisations manage the financial impact of a future pandemic. This annual non-damage business interruption policy is designed to cover loss of business income caused by a catastrophic communicable disease outbreak, even where there is no physical damage to property.
The cover responds when the World Health Organisation declares a Public Health Emergency of International Concern (PHEIC) and UK civil authority restrictions are introduced in response to the outbreak.
Backed by Munich Re
The policy is underwritten by Munich Re, one of the world’s leading providers of reinsurance, primary insurance and risk solutions. Their Epidemic Risk Solutions team was established in 2018 to address the growing threat of global pandemics.
Key features
- Non-damage business interruption cover for pandemic-related income loss
- Triggered by WHO PHEIC declaration and UK civil authority restrictions
- Designed specifically for pandemic scenarios
- Claims paid within 30 days of a valid claim
- Cover available on a packaged basis
Who Should Consider this Insurance?
Pandemic insurance is relevant across multiple industries, including:
- Hospitality, leisure & tourism
- Education establishments
- Charities & not-for-profits
- Professional services
- Manufacturing & distribution
Boards and trustees in particular will want to review this solution as part of their risk management planning.
²National Risk Register 2025, GOV.UK
Need more information about our Pandemic Insurance solutions?
Contact us, to speak to your local AssuredPartners team.
Your Contact
Mark Blair
Executive Director, InEvexco
+44 (0) 7834 158074
mark.blair@inevexco.co.uk
