Achieving business resiliency to natural disasters through the lens of risk management and insurance
Frank Russo,
Tracy Alan Saxe and
Joe Poliafico
Additional contact information
Frank Russo: Procor Solutions + Consulting, USA
Tracy Alan Saxe: Saxe Doernberger & Vita, USA
Joe Poliafico: First Onsite, USA
Journal of Business Continuity & Emergency Planning, 2020, vol. 15, issue 2, 127-139
Abstract:
Natural disasters have been occurring more frequently and with greater potency, creating a real and heightened financial and operational risk to businesses around the globe. This paper aims to enhance traditional business continuity techniques and strategies by discussing how risk management, insurance and claims knowledge can form a robust platform from which to minimise the impacts of natural disasters on business. To this end, the paper combines professional knowledge from the fields of risk management, disaster response and insurance claims recovery to offer best practices in the key phases of planning and response.
Keywords: risk management; disaster management; insurance claim preparation; insurance dispute; insurance coverage; policyholders (search for similar items in EconPapers)
JEL-codes: M1 M10 M12 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jbcep0:y:2020:v:15:i:2:p:127-139
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