6/11/2020 | This week in Business Insurance Risk Management Topics, Lawmakers consider bill to limit liability in pandemic which would help insurers facing a tide of claims. Meanwhile, a Coronavirus-related suit against Fox News dismissed and Insurtech deals up, funding down amid pandemic: Willis – Editor
By Claire Wilkinson
Aon PLC on Monday said it has formed a coalition of Chicago-area employers and organizations from a range of industry sectors to work together to help move the economy forward in the recovery phase of COVID-19.
The group will develop a set of guidelines and recommendations to help businesses and communities navigate challenges as the economy reopens, with an initial report expected in November, Aon said in a statement.
Initial members include Abbott Laboratories, Accenture PLC, Beam Suntory Inc., BMO Harris Bank NA, CDW Corp., ComEd, ConAgra Brands Inc., Exelon Corp., Fortuna Brands, Hyatt Hotels Corp., Jones Lang LaSalle Inc., McDonald’s Corp., Mondelez International, Morningstar Inc., Motorola Solutions Inc., Sterling Bay Cos. LLD, Ulta Beauty Inc., United Airlines Inc., Walgreens, and Whirlpool Corp.
Insurer members include Allstate Corp., CNA Financial Corp. and Zurich Insurance Group.
Convened and led by Aon, the group will focus on work, travel and convene efforts across the businesses with the aim of sharing insights related to planning and operations, impact and measurement efforts, and latest technologies, the brokerage said.
The group will continue to work closely with the offices of Illinois Gov. J.B. Pritzker and Chicago Mayor Lori Lightfoot to ensure they are aligned with public health and city/state official recommendations.
The aim is to scale the work to other key cities, including London, New York, Singapore and Tokyo, Aon said.
“We have used our expertise to assist clients in maintaining operations and mitigating risk during the pandemic — and believe we have a responsibility to play a larger role in helping the private and public sector navigate the recovery,” Greg Case, Aon CEO, said in the statement.
More insurance and risk management news on the coronavirus crisis here.