This should be a case studay in proper planning & risk management : The tournament’s risk and finance subcommittee insisted on a pandemic clause nearly 20 years ago. | https://ramlcpa.link/inS9e
The All England Club reportedly updated its Wimbledon insurance policy years ago to include the infectious disease clause following the worldwide SARS outbreak in 2002.
The Club’s risk and finance subcommittee is charged with assessing all potential risks to the annual tournament, including global pandemics, terrorist attacks and even the death of a monarch, which would thrust the country into a time of national mourning.
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Travis Raml, CPA