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of Connecticut, Inc.
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Sunday, 05/19/2013email print

Best Practices . . . Five Reasons to Build Your Disaster Recovery Plan Now

What would your agency or clients do in the event of an out of control employee, boycott, flood, technology failure, negative media exposure, storm or terrorism?  Do you have a plan in place?  The unusual and severe weather of the past few years serves as a reminder that there is no time like the present to prepare.

 

Why build a plan?  Here are five reasons:

 

  1. Under pressure, emotional decisions can be costly.  Decisions based on a prepared plan have been shown to be more effective, timely and less costly overall.
  2. A plan can reduce recovery time and the impact on customers.
  3. A plan will install confidence in employees and customers that the organization is there for the long-term.
  4. Insurance settlements require “due diligence and dispatch” in recovering from interruption.  A plan helps prove that the organization has acted accordingly.
  5. Inappropriate costs are avoided.

For information on Best Practices resources, click here or e-mail BestPractices@iiaba.net.

 

 

 

Independent Insurance Agents of Connecticut, Inc.
30 Jordan Lane, Wethersfield, CT  06109
Phone:  (860) 563-1950 / Fax:  (860) 257-9981

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