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Insurance

14 July 2020
Athanassios Lambrou Implementing non-damage business interruption cover in the time of COVID-19

Greece - Zemberis, Markezinis, Lambrou & Associates

Few industries have been as fiercely affected by the COVID-19 pandemic as travel and hospitality. Even when hotels are allowed to operate, mass cancellations have, until now, shattered hoteliers' hopes for recovery. Greece boasts a large hospitality infrastructure. Although only 28% of hotels seem to have adequate property insurance, an increasing number of resorts and properties owned or operated by risk-aware companies are purchasing select cover designed specifically for the sector.

Author: Athanassios Lambrou
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