by Lenny Giteck, National Risk Retention Association
NRRA interviewed Christopher Reed, corporate counsel of the Nonprofits Insurance Alliance (NIA), to find out how his organization is coping with COVID-19, as well as what he thinks the ramifications for the RRG industry will be. Here is what Reed had to say:
How has the NIA been dealing with the COVID-19 pandemic?
We have a robust business continuity plan in place, which has kicked in for the current crisis. I’m happy to say it has worked phenomenally well.
More that 90 percent of our 110 people are now working at home. Those who are going in are essential employees— just to sign checks, do basic technology maintenance, and so forth. That was the whole point of the plan: to enable us to do pretty much do everything remotely.
It’s amazing that you had the foresight to plan for a pandemic.
The plan’s primary focus is earthquakes, fires, terrorism, etc. We’re located in Northern California, so earthquakes are very much something we thought about. However, it easily accommodated this pandemic as it was broad and designed to account for many perils. It therefore very effectively addressed this specific case.
Luckily, most of the elements of the plan aimed at those sorts of eventualities turned out to be applicable to a disease pandemic.