Make
an enquiry
Business continuity planning
The Association of British Insurers
report that many businesses that suffer a major insurable disaster
never recover — and the majority never achieve the level of
economic activity they achieved before the disastrous event.
How quickly and painlessly you manage to get back to “business
as usual” following a fire, flood or other natural disaster or
major interruption will depend on how effectively you can devise
and put into action your own business continuity management.
Business Interruption insurance is only half of the solution.
This will provide a financial safety net as the business recovers
but failure to plan could be disastrous. You could risk losing your
customers while you are getting your business back on its feet. At
worst your business may never recover.
Do you know that: -
- 43% of firms without a business continuity plan never re-open
after a catastrophe. (Source: Cummings, Haag &
McCubbrey 2005)
- 40% of businesses that suffer a critical IT failure go out of
business within a year. (Source: Norwich
Union).
- Only 47% of organisations across the UK have a business
continuity plan. However this figure drops to below 40% in respect
of small businesses (those with less than 50 employees).
(Source: Chartered Management Institute)
At Towergate Milton Keynes there are a number of ways that we
can help, from simple web based tools, through to more in depth
consultant visits, to find out more please contact us, our staff are available to take
your call on 0844 892 0960.
Please note this service is not regulated by the Financial
Services Authority
Make
an enquiry