Posts tagged business continuity plan
Minimize Risk With A Property Loss Prevention Plan

To limit risk and keep your business safe, it's important to take precautionary measures.  One such measure is a Property Loss Prevention Plan. Commercial property insurance can help repair your business after a disaster but having a plan in place before disaster strikes can help reduce your chances for damage. Follow these tips to get started:

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Business Continuity- a Plan for Recovery

A Business Continuity Plan (BCP) can help, or potentially save a company, during times of catastrophe. A recent poll conducted by Womply, a software-as-a-service (SaaS) provider, surveyed approximately 2,300 small business owners and their concerns about threats.

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Business Continuity – What It Means To You

When disaster strikes, the key to recovery is planning. A business continuity plan (BCP) can help your company recover quickly from any catastrophe. By reviewing all possible risks and hazards, a BCP outlines the procedures that enable your organization to continue to deliver products and services, while minimizing the cost to your company’s bottom line.

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Business Interruption Insurance: A Lifeline for Your Company

Most businesses have property insurance in place to protect themselves against severe losses from events like fires and explosions. However, the income lost during a shutdown after a loss can be even more devastating. Without business interruption insurance, the organization may suffer a blow from which it will be difficult to recover.

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How Businesses Can Prepare for and Survive Disasters

The Insurance Information Institute (III) says that disasters such as floods, hurricanes and fires cause many businesses to shut down temporarily or close forever when they happen. In their recent research, the III found that 40 percent of businesses did not open their doors again after experiencing a devastating disaster. About 25 percent of businesses reopened but wound up closing again within a year.

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