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Achieving business resiliency to natural disasters through the lens of risk management and insurance

Author

Listed:
  • Russo, Frank

    (Procor Solutions + Consulting, USA)

  • Saxe, Tracy Alan

    (Saxe Doernberger & Vita, USA)

  • Poliafico, Joe

    (First Onsite, USA)

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.

Suggested Citation

  • Russo, Frank & Saxe, Tracy Alan & Poliafico, Joe, 2020. "Achieving business resiliency to natural disasters through the lens of risk management and insurance," Journal of Business Continuity & Emergency Planning, Henry Stewart Publications, vol. 15(2), pages 127-139, December.
    • Handle: RePEc:aza:jbcep0:y:2020:v:15:i:2:p:127-139
    as

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    More about this item

    Keywords

    risk management; disaster management; insurance claim preparation; insurance dispute; insurance coverage; policyholders;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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