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The importance of pandemic preparedness

The importance of medical and personal preparedness must be paramount but adding financial risk management tools to the post COVID-19 plan is also important. How to protect client deposits in an era where supplier viability may be in question, is something to consider. Check-out Meeting Escrow for all your financial trust account solutions.

SINGAPORE - Businesses have an obligation of duty of care for the health, safety and security of their employees. A pandemic preparedness plan outlines how an organisation can mitigate risks posed by a pandemic on their employees, minimise the impact of a pandemic on the business itself, and facilitate swift resumption of activities at a later stage.

In International SOS’ recent global survey on return to operations, it found that almost two in three respondents with pre-existing pandemic plans found these effective in reducing the impact of COVID-19 on their business.


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