As this year’s hurricane season concludes, businesses have an opportunity to assess its impact, and rebuild, recover and safeguard against future storms. The lessons learned this year can help businesses impacted by hurricane to better navigate the claims process and ease some of the uncertainty that devastating storms can bring.
In any disaster recovery process, the health and safety of the workforce is of paramount concern but this is quickly followed by the filing of insurance claims and cleanup. Impacted owners and leaders of businesses, small and large, face physical restoration challenges while appraising the scope of loss and working with insurers in preparing claims. While undoubtedly a stressful and intimidating task, the execution of financial insurance claims, if done right, can not only help a business recover its financial footing but also create long-term natural disaster resiliency. The following are some fundamentals that business leaders can prioritize to navigate this daunting undertaking.
