Lead ArticleFlexibility and Strength Are the Keys to Building Business Resilience

By: Arnold Mascali, President and Founder, Procor Solutions + Consulting

It is estimated that 40% of small businesses do not recover from natural or man-made disasters. Larger businesses are not immune either, as more than 40% of those listed on the S&P 500 reported that the 2017 hurricanes would impact third-quarter results last year. In fact, 2017 disasters are estimated to have caused more than $300 billion in damages, which will grow as the full extent of business income losses become clearer. So, companies are now preparing for business interruption with greater urgency and professional focus. Businesses with effective recovery plans combined with appropriate risk transfer will survive and thrive, while those who don’t will be left behind. Resiliency starts with a strong plan, focused on how….

July 2018 edition of the Insurance Research Letter – subscriber login

Editor’s Letter

  • It’s not just the brokers’ compensation that needs review
  • That a small idea could take on Lloyd’s of London boggles the mind yet it happened
  • Chicago’s Aon Center getting a sky deck

Synopsis

Companies

  • NewsBriefs
  • People

Agent, Broker, Consultant & Risk Manager News

  • News
  • People

Global Briefs: Macedonia; ­Russia; Serbia; Slovakia; United States

Highlights:

  • Development of Bermuda Reinsurance Market
  • Flexibility and Strength Are the Keys to Building Business Resilience
  • Navigating through the Insurtech Movement
  • Using Social Media Surveillance For Carpal Tunnel and TBI
  • School and Workplace Violence: Focusing on the Real Solution
  • Terrorism Re-Visited
  • Autonomous vehicles and the impact on the insurance industry

The Back Page

  • News Quizzical answers
  • Of Interest – Why insurance has a future; Ever hear of Juneteenth?; JetBlue and animals on planes
  • Do you know? – What Asgardia is? 
  • Words and Definitions to help insurance professionals – Controlling the cost of health care