Insurance & Disaster Recovery
A disaster recovery plan (DRP) is a documented process or set of procedures to recover and protect a business in the event of a disaster. It specifies all the procedures to be followed in the event of a disaster.
Many people think of a DRP in relation to IT (technology) disasters, however it also needs to cover physical disasters such as fire and flood and also loss of key personnel.
As businesses need to be more agile and take greater risks to ensure their continued growth, their insurance program needs to be working at the same speed to match the changing exposure.
Without suitable consultation with a first-rate advisor before major business changes, some businesses find themselves past the point where favourable terms are available or worse yet where Insurance is no longer available. Ensure your business growth is not constrained and you don’t miss out on any opportunity because you missed the best moment to buy insurance.