Under this strategic partnership, International SOS will extend its health advisory services to Munich Re’s pandemic policyholders. The comprehensive pandemic insurance and risk financing solution encompasses exclusive access to International SOS’ Pandemic Portal—an online repository offering the latest health guidance on pandemics. Additionally, policyholders will enjoy real-time, one-on-one consultations with International SOS’ team of health consultants.
The impact of this joint initiative is poised to revolutionize the industry by proactively addressing risks and fortifying organizations against future pandemics. This approach not only enhances the Duty of Care but also aligns with environmental, social, and governance (ESG) agendas, safeguarding talent and bolstering business resilience.
This collaborative proposition is pivotal in protecting businesses, shareholder value, and reputation. International SOS’s bespoke health advisory service, grounded in objective and neutral guidance based on scientific evidence, empowers Risk, HR, and HSE professionals to confidently convey recommendations to C-suite decision-makers.
Crucially, Munich Re and International SOS recognise the significance of timely access to the Pandemic Portal and Health Advisory Service. Policyholders can invoke these resources at any time, eliminating the need to await a formal pandemic declaration by the World Health Organisation before seeking advice and support.
In essence, this alliance marks a proactive stride toward comprehensive pandemic risk management, reflecting a shared commitment to anticipate, mitigate, and respond effectively to global health challenges.
Speaking about the new partnership, Mari-Lizette Malherbe, member of the Munich Re board of management said: “I have great pleasure in announcing our new partnership with International SOS. The collaboration brings together the essential components of pandemic resilience; financial protection and access to health expertise to minimise a pandemic’s impact and protect workforces. Climate change and population shifts are making another pandemic more likely, therefore there is a need to create more resilient organisations. This new integrated pandemic risk management solution equips the insured to confidently navigate the next pandemic crisis.”
Franck Baron, Group Deputy Director, Risk Management, International SOS also commented: “We are delighted to have partnered with Munich Re on this combined offering for their policyholders. The solution enhances Munich Re’s pandemic policy, supports captives on a topic for which extensive support is often sought. This next step in our relationship with Munich Re will help protect workforces and, in turn, organisational resilience.”
He added: “International SOS is the market leader when it comes to protecting employees and this marks another step forward in our journey.”
Author: Joanna England
