How the manufacturing sector can avoid further disruption when coming out of lockdown - Allianz Global Corporate & Specialty (AGCS)’ risk consulting experts provide an overview of loss prevention measures to consider
risk bulletin: Coronavirus: Minimizing liability losses when restarting manufacturing after lockdown
The coronavirus outbreak has imposed shutdowns in many countries, in all corners of the world. All businesses deemed “not essential” by governments have been forced to cease their activities in the fight against the pandemic.
With no modern precedent, industries must take into account new risks and face new sets of challenges. A primary concern for businesses is how to minimize further disruption by avoiding or mitigating liability losses when restarting manufacturing after the coronavirus lockdown.
AGCS’ liability risk consulting experts have produced the following overview of loss prevention and control measures, focusing on the following areas:
- Product liability
- Employers’ liability
- Environmental liability
All of the recommendations are technical advisory in nature from a risk management perspective and may not apply to specific operations. Please review any loss prevention measures carefully and determine how they can best apply to specific needs prior to implementation. Any queries relating to insurance cover should be made with your local contact in underwriting and/or broker.
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