As this unprecedented event unfolds, many are unsure whether their business will survive the upcoming months. After helping businesses recover from some of the most complex disasters for over 20 years, we know business-recovery is 100% possible
The current environment for US businesses.
We are in the middle of a global pandemic. There are steps each business must take immediately to ensure a swift recovery. We can help ensure your business properly documents all loss and help steer your through the recover process, as we’ve done for countless businesses through times of national crisis in the past.
Navigating loss quantification and moving forward swiftly.
Each year Business Interruption Risk is ranked as a top business risk across all industries. Risk Managers and Business Owners are often unprepared in understanding the risk exposure and challenged on the loss quantification after a loss or disruption to their business. At times like these we must turn towards proper documentation and ensuring swift planning to ensure recovery for your business or organization. Take a look at the stats below.
- 17% of risk managers are “extremely confident” that their BI values and limits set are adequate.
- 41% of risk managers who have had a BI claim in the past five years say it took 6 to 12 months to settle the claim.
- 58% of risk managers who have been through a claim say that “difficulty quantifying loss” was the biggest challenge faced.
Source RIMS Business Interruption Survey 2017
Finding the right partner to navigate the storm.
Foster a collaborative relationship with one of our experts to help your business respond to the epidemic swiftly and recover to help ensure the future of your business is secure.
Speak to an expert and secure a speedy recovery today.
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55 Washington Street – Suite 742
Brooklyn, NY 11201