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Covid 19 - Update

  • Writer: Graham Postles
    Graham Postles
  • May 14, 2020
  • 1 min read

Updated: Nov 19, 2020

Please see below for an update as to what we are doing here at Matrix to assist our clients in the PE & M&A communities.

  • Despite the current crisis Matrix is fully open-for-business; all our specialists are ready and waiting to provide a full service for all your deal and portfolio insurance requirements.

  • With many transactions on hold, we’re working with our clients to review the insurance arrangements of their existing portfolio companies advising them on how they may need to adapt their programmes to the changed conditions.

  • Our team are providing advice on a range of technical issues, for example, the implications in areas such as cyber liability coverage, given that so many employees are now “remote working” and are likely to be for some time to come.

  • We’re looking forward too, assessing the wider implications for programmes post-Pandemic. For example, with many policies dependent upon the accuracy of historical declarations and future forecasts of figures (such as turnover and salaries and wages) for their validity and the calculation of premiums, this is going to be one of a number of key areas requiring specific attention and advice as programmes come up for renewal.

If you would like further information on any of the above or would simply like to discuss how Matrix can help you with your current and future projects, please get in touch.

 
 
 

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