Rudely interrupted.

Insurers are becoming less flexible in business interruption, with underwriters now often refusing to provide cover unless there is a business continuity plan in place. Simon Threadgold explains.

It is not the smoke or flood damage that forces companies into
liquidation, it is the downtime before they can resume normal levels of
productivity.


Customers and suppliers have got used to the modern system of just-in-time
deliveries but it does not take much to turn just-in-time into
just-too-late.


Customers will not wait for a company to recover but will quickly switch
to another source. As a result, the majority of small to medium-sized
businesses that undergo such a disaster fail to survive for