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.
With our General Loss Checklist - you’ll learn helpful tips from our team of risk management experts on how to preserve the “baseline” or status of your business at the time of delays or shutdown.
Following these simple but critical steps will show you the exact steps you need to respond and recover quickly.
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.
• 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
Contact a Procor expert today!:
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.
Brooklyn / Orlando / Los Angeles
55 Washington Street – Suite 742
Brooklyn, NY 11201