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10 Industries Hit Hardest by COVID-19

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In a recent whitepaper, national insurance and financial services firm Alera Group details the effects of COVID-19 on 10 of the hardest-hit sectors.

The report analyzes the pandemic’s impact on agriculture, construction, higher education, health care, hospitality and gaming, manufacturing, nonprofit organizations, the public sector, restaurants, and small businesses.

The analysis was led by employee benefits practice leader Sally Prather and property and casualty practice leader Mark Englert.

Related: COVID-19 Could Shave 2-4 Years Off Social Security Trust Fund 

Each of these industries is grappling with its own specific set of struggles, but many of their challenges — absenteeism, remote and virtual working environments, workers’ compensation, risk management, and business interruption — are shared ones.

“One thing is certain: this is not business as usual. Economic uncertainty is forcing businesses to contemplate a post-COVID-19 world,” says Mark Englert, Property and Casualty Practice Leader.

Click through our slideshow above for highlights of the report, and click here to read the full paper.

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