Pandemic is here to stay, so learn to live with it
Source: Asia Insurance Review | Feb 2022
UK risk management association Airmic has advised members to learn to live with pandemics and not expect things to return to normal anytime soon.
A new guide published by Airmic in partnership with Control Risks said risk professionals and their organisations need to learn the lessons, boost preparedness and build resilience.
The guide says we all have to face up to the fact that there will be more new variants of COVID-19 or even new pandemics, as human populations encroach further on animal habitats.
The association said the responses to the Omicron variant reveal how fragile societies now are. These also highlight how different the national responses have been.
The pandemic continues to affect regions of the world at different rates and in different ways, depending on seasonality and the success of in-country responses, including vaccination programmes.
Airmic said significant challenges continue to exist within the operating environment, and organisations must remain both alert and focused on resilience.
“The pandemic has caused a significant shift in working patterns, which is here to stay. How this is managed in the long term will have a real impact on an organisation’s ability to recruit and retain talent.” A