Stop the Clock on Business Interruption | FIRST ONSITE Property Restoration

According to the United Nations Office on Disaster Risk Reduction (UNDRR) Global Assessment Report[1], there were 7,348 disaster events recorded worldwide during the last two decades, causing approximately $2.97 trillion in losses to the global economy. In comparison, the previous 20-year period (1980 – 1999) saw 4,212 reported disasters from natural hazards, with economic losses of $1.63 trillion.

Achieving Business Resiliency to Natural Disasters starts with an active understanding of and commitment to disaster preparation. This commitment must be holistic, active, and include recognition of continuous organizational improvement for the ever-changing risks that may impact a business.

Most attention in this regard normally focuses solely on the business continuity aspects of disaster preparation. While business continuity strategies are critical components of a complete, multi-faceted plan, attention must also be given to risk management, insurance, and claim recovery strategies to help position a business to experience complete financial recovery after disaster strikes.

Fortunately, there are things that can be done in concert during business interruption that can get the organization back to business faster if they leverage the time before a disaster in the planning process.

Find out how to stop the clock on business interruption. Join Vanessa Vaughn Mathews, Founder and Chief Resilience Officer of Asfalis Advisors, in a deep and thoughtful discussion on how to Stop the Clock on Business Interruption with thought leaders from First Onsite Property Restoration.

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