Insurance Age

Risk perspectives - Fail to prepare, prepare to fail

With the festive season a lingering memory, it is time to turn our thoughts to planning for 2008 and beyond, including business continuity. Last year was certainly challenging for many businesses, and those that escaped interruptions should learn from the experiences of others.

According to the Business Continuity Institute, 14,500 commercial insurance flood claims were made following the 2007 floods, with an average value of £90,000 per claim. What is not revealed, however, is how many others

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