resilience starts with information
On Hurricane Andrew’s 25th anniversary, we must prevent damage from monster storms
Twenty-five years ago Thursday, Hurricane Andrew made landfall in South Florida, forever altering the landscape and history of the region.
By the time it was over, Andrew was responsible for 65 fatalities, the damage and destruction of more than 100,000 homes, and nearly $25 billion in damages across the Gulf Coast and in the neighboring Bahamas. But the lasting impact of the storm extends beyond the lives lost, homes destroyed, businesses shuttered and communities wiped away — the legacy of the storm is in the lessons learned on how we can best prepare communities to withstand the devastating effects of natural disasters…
Top 5: Adding value to crisis resilience plans for SMEs
Recent research into the crisis resilience of UK SMEs by Arthur J. Gallagher found a clear disconnect between preparedness and perception when it comes to dealing with today’s fast-evolving security threats.
The research showed that 68% of over 1,000 SME leaders surveyed labelled themselves ‘resilient’, despite only 17% having assessed their exposure and 43% admitting to having no crisis contingency plans whatsoever or not knowing what these were.
With nearly four in five (77%) also believing their broker can only offer transactional advice, the opportunity to add value through risk mitigation advice and provision of effective, affordable solutions is clear…
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