Enhancement of building defenses, emergency planning and financial risk transfer can help businesses recover in the face of increasingly frequent and strong storms.
Meeting the risk management needs of today’s small businesses requires just as much finesse and sophistication as carriers tend to offer to large enterprises.
Better data analytics is enabling a number of new parametric insurance solutions from a product to cover losses caused by an active assailant to ways to manage supply chain risk.
For a low frequency, high severity peril like earthquake, businesses need to know their risk management plans before a single pebble falls out of place.