There are many facets to business insurance. Cover to protect your office contents and premises. Professional indemnity insurance if you provide specialist services. Employers liability insurance for those who employ staff. Through to public liability insurance to protect your business against claims made by members of the public.

But do you know how your business insurance may support you during a disaster event?

Do you have cover for business recovery?

Business recovery is a key element that can sometime be overlooked. Business owners may prioritise the physical; office contents and premises, or the financial; indemnifying their business against any potential claims that may be made against them resulting in costs for legal defence and compensation awards.

But have you considered how your business would act if impacted by a disaster? How would you ensure that you can communicate with your customers if your IT systems go down? That your staff have an alternative location to work from if your premises are unsafe? That you minimise downtime in your business operations?

Why doesn’t insurance provide business recovery services?

Insurers traditionally provide ‘indemnity’. This means that once your disaster is over, you are back in your premises and all expenses have been incurred and approved, you will receive any payment in the form of a cheque. Insurers don’t provide service delivery – this is your responsibility. And that means business recovery and the associated service needs are your responsibility.

This is where it can prove useful to employ the services of a specialist business recovery provider such as First Recovery. We specialise in disaster recovery, getting you back up and running as quickly as possible in the period following a disaster.

We can provide backup locations for your key staff to work from. We can also ensure that you have IT systems ready to go so that these staff can get on with their day to day jobs with as little disruption as possible. In the instance of a disaster, the majority of our clients are up and running in a temporary location within 24 hours. And with more than 500 fully equipped standby office centres around the UK we are sure to have one in the vicinity of your business’s location.

If you have any questions about whether your insurance offer business recovery services or want to discuss our disaster recovery service, then get in touch with us today.