COVID-19 is a disease caused by a new strain of coronavirus. ‘CO’ stands for corona, ‘VI’ for virus, and ‘D’ for disease. Formerly, this disease was referred to as ‘2019 novel coronavirus’ or ‘2019-nCoV.’
For more information on how the COVID-19 pandemic has impacted the insurance industry visit https://www.riskeducation.org/covid-19-conversations/