Do I need business interruption insurance?

Posted By on November 28th, 2018

What is business interruption insurance? Business interruption insurance is an insurance product designed to cover lost income and revenue if your business is unable to trade following a loss caused by an insured event. For example, closure of your building premises following a disaster, or the downtime caused by rebuilding work, can mean you have […]

What is the difference between business continuity and disaster recovery?

Posted By on November 21st, 2018

As we’ve said before, disaster can strike at any time. And it is always unexpected. This is what can make it so devastating to your business. Being prepared and having plans in place for how to act if you do suffer a disaster are vital to your business survival. Two key areas to look at […]

Business Interruption – what’s your plan?

Posted By on November 14th, 2018

All organisations are subject to risk, but how can you expect the unexpected? Having insurance in place isn’t always enough, organisations need to address the possibility of a major disruption, which could potentially dislocate their whole business plan. Having a good idea in the safety of a lab or university is one thing. Translating that […]

How can you give your business the best chance of recovery if you’re hit with a major disaster?

Posted By on November 9th, 2018

Statistics suggest that as many as 80% of businesses hit with a major disaster don’t recover. A disaster is defined as an unexpected event, caused either by natural or human activity. Natural disasters are caused primarily by extreme weather events, such as floods or a lightning strike. Those caused by human activity can be either […]

What is a Disaster Recovery plan?

Posted By on November 5th, 2018

Whilst we all hope that the worst won’t happen, some events are out of our control. From natural disasters to cybercrime through to simple human error, disasters do happen. Whilst we can’t control them, as a small business you can plan for them. Actually, it is essential to your business survival that you do plan […]