Covid-19

Insurance Business Mag: Pandemic Risk Veteran Examines Longer-term Impacts of COVID-19

Supply Wisdom Team Written by Supply Wisdom Team

Victor Meyer on the cascading impact of Covid19 - Interview with Insurance Business UK

June 09, 2020

As COVID-19 wreaks havoc worldwide, businesses have entered survival mode. They’re focused on the short-term impacts of the pandemic, with their top concerns being whether they’ll be able to meet payroll and pay next month’s rent. Other medium- and longer-term impacts of the coronavirus pandemic are very much “tomorrow’s problem”.

Some risks associated with COVID-19 may not fully materialise or crystallise for years to come. As the coronavirus crisis extends, there could be a domino effect where one risk triggers another in a cascading nature, according to Victor Meyer, chief operating officer at Supply Wisdom, and former vice-chairman of the World Economic Forum’s Global Agenda Councils for both Pandemic and Catastrophic Risk.

In this interview with Bethan Moorcraft, Meyer discusses the long-term impact of COVID-19 in the world of risk.