Business Continuity and Resilience Blog

Our continuity and resilience consultants share their insight.

A beginners guide to the Business Continuity Planning process

Posted by Inoni on Jun 10, 2017

Almost every prudent business, large or small sees wisdom in buying some level of business insurance. We feel comfortable paying a small amount (premium) that will deliver a larger amount (claim) if we suffer a sizeable loss.  

However, insurance won't keep your customers happy whilst they wait for you to rebuild.  It won't organise your people, ensure you can find capacity elsewhere or help you decide how to respond to the challenging conditions you now face.

Business continuity does these things.  It works hand-in-glove with risk management and insurance.  It's not difficult and the guide below explains how to do it.

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Tags: Business Continuity Management, Business Impact Analysis, Resilience, Insurance, Manufacturing

10 factors to consider when setting a Maximum Indemnity Period

Posted by John Basinger on May 31, 2017

In my experience, many businesses in the UK are under-insured. This is particularly true when it comes to Business Interruption (BI) cover where I often see Maximum Indemnity Periods (MIP) of just 12 months. I was a commercial loss adjuster for over 30 years and experienced first-hand just how long it takes to fully recover a business. In most cases, it took much longer than this.

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Tags: Insurance

Guidelines for manufacturers preparing for Brexit

Posted by John Basinger on Mar 15, 2017

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I saw this article in Cabinet Maker magazine which discusses the findings of a recent KPMG report into the future of UK manufacture. The report details key practical measures that manufacturers can begin to put in place now to prepare for when the UK exits the EU in 2019. They include:

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Tags: Business Continuity Management, Insurance, Manufacturing, Small Business

A Sideways Look At Business Interruption

Posted by John Basinger on Mar 03, 2017

In my days as a Commercial Large Loss Adjuster, it was always more straightforward to estimate the size of loss for the physical damage, than the business interruption.  

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Tags: Business Continuity Management, Insurance, Manufacturing