Tag Archives: back to business

Insurance Case Study: Recovering from Property Damage & Employee Injury

Society’s insurance case studies are real-life stories, explaining complex business situations from start to finish. These stories detail how business owners and insurance companies work together to overcome unique and unexpected challenges.

In this case study, an accident caused by a customer resulted in serious employee injuries and significant property damage.
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Disaster Recovery: What Do I Need in My Business Recovery Plan? (Part 3 of 3)

This entry is part 3 of 4 in the series Disaster Recovery

You can’t predict the unexpected, but you can prepare. A Business Continuation Plan (BCP) costs almost nothing to produce but is critical to recovering losses, and customers, after a disaster. This three-part Disaster Recovery blog series will address important considerations for business continuity after a disaster.

The details that you include in your Business Continuation Plan (BCP) will depend on the particular needs of your business, but there are some key components that should to be included in every disaster plan: (more…)

Disaster Recovery: Keep Your Business Running – Despite a Disaster (Part 2 of 3)

This entry is part 2 of 4 in the series Disaster Recovery

You can’t predict the unexpected, but you can prepare. A Business Continuation Plan (BCP) costs almost nothing to produce but is critical to recovering losses, and customers, after a disaster. This three-part Disaster Recovery blog series will address important considerations for business continuity after a disaster.

No one ever expects a disaster to occur. However, disasters occur every day. That’s why insurance is so valuable. When you consider the odds, you probably should expect to experience a disaster of some sort at some time in your career. But, you still do not know what to expect or when to expect it.

Being prepared can make it much easier to manage your business through any disaster, serve your customers while you are recovering and get back to business as usual more quickly. Insurance is a helpful financial component, but preparing a complete recovery plan can reduce the likelihood that your customers will feel the pain of your disaster.

How can you prepare for a situation that you cannot predict? (more…)

Disaster Recovery: 4 Steps to Prepare Your Business for Disaster Survival (Part 1 of 3)

This entry is part 1 of 4 in the series Disaster Recovery

You can’t predict the unexpected, but you can prepare. A Business Continuation Plan (BCP) costs almost nothing to produce but is critical to recovering losses, and customers, after a disaster. This three-part Disaster Recovery blog series will address important considerations for business continuity after a disaster.

Up to 40% of businesses affected by a natural or human-caused disaster never reopen. (Source:  Insurance Information Institute)

If your business becomes disrupted by a power outage, tornado, chemical spill or other disaster, it can cost you lost profits and lost customers. Developing a plan to (more…)