Lower the COVID-19 threat

WHILE the threat of COVID-19 remains small for most of the western world, companies are taking precautions by releasing safety guidance policies for its travelling employees to protect against any possible threat.

Insurance broker Willis Towers Watson has advised corporate travellers to avoid visiting animal markets, as well as contact with those suffering from respiratory issues.

Employees should also call their healthcare provider before visiting China or east Asia to ensure they are offered precautions such as masks to lower the chance of infection; while those travelling who experience respiratory symptoms or fever should seek urgent medical attention.

Risk management company

Marsh has also issued advice for corporate travel, highlighting the importance of preparedness, particularly for potential prolonged impacts on staff welfare, operations, supply chains and the broader economy.

“Organisations should take the time now to review their resilience and crisis response strategies and plans so that they are well prepared for the potential impacts of the novel coronavirus,” an advisory from the professional services firm noted, while being reactive to events will delay any sort of recovery, increase response costs and place general strain on the company.

“Understanding the main likely business impacts you may face, and planning for these, is an important first step,” Marsh said.