Sean Andrade was recently quoted in Michael Shaw’s Insurance Thought Leadership article “The Right Policies for a Pandemic.” The article discusses the role of insurers during the COVID-19 pandemic. Sean offers his thoughts on what actions insurers should be taking to ensure that COVID-19 does not further weaken the economy.
“Insurers should help to keep businesses open, the country employed and goods and services flowing by honoring their policy obligations. If necessary, the federal government should backstop insurers with guarantees of bailouts for coverage of COVID-19-related losses.”
“Even with communicable disease exclusions in policies, this should not be the end of the road for businesses that have faced direct losses as a result of the COVID-19 pandemic and the resultant state, county and local health and safety orders,” Andrade says.
The full article can be found below.