1 June 2021
The Insurance Authority (IA) issued a circular today (1 June 2021) to the insurance industry, strongly encouraging them to arrange for their staff and intermediaries who have regular contact with customers or who deliver critical functions to get inoculated in keeping with sound risk management practices and robust business continuity plans.
“The insurance industry has shown tremendous resilience in the face of severe operational challenges, prolonged social distancing and unprecedented market volatilities. To ensure an early resumption of normalcy and speedy economic recovery, we urge stakeholders to take part in a collective effort to increase the vaccination rate in the territory,” said Mr Clement Cheung, Chief Executive Officer of the IA.
In support of a sustained drive towards herd immunity, the IA has already announced that it will grant paid leave of up to two days to all staff taking the COVID-19 vaccine.
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