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Brokers to blame for lack of pandemic focus in FTSE 100 boardrooms – Mactavish

By 2020-11-17T11:24:00

finger pointing, blame

The firm’s chief executive believes organisations have been ‘wasting their money’ on broker advice if pandemic risks have not been mentioned

Brokers are to blame for not flagging the seriousness of pandemic and epidemic risks to FTSE 100 companies, according to independent outsourced insurance buyer and claims resolution business Mactavish.

The firm’s latest research, which analysed 2019 annual reports of FTSE 100 companies, found that only 13 businesses referenced pandemic or epidemic risks as material to their business.

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