Jeff helm atlantic advisers norwell presentation 2013
Transcript of Jeff helm atlantic advisers norwell presentation 2013
Atlantic Advisers Insurance Agency Inc. 2013
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Protecting your business, home, and personal assets
Disaster Planning and Recoverywww.ready.gov/business
http://www.mass.gov/eopss/agencies/mema
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Business Recovery PlanningOverview
• What is a Business Recovery Plan? 1) Prepare 2) Respond 3) Continue Operations
• Disaster Preparedness Planning – 1) Checklists 2) Organize 3) Safeguard– 4) Defines process to get you back in business
• Hazard Assessment Matrix – Use available Checklists• Geographical 1) historical 2) Proximity – Rt3 to Accord Park
– 3) Potential hazards from community ( Pilgrim )
• Technological 1) Power grid 2) Internet
• Human Error 1) single largest cause of workplace emergencies
• Plants and Equipment 1) construction 2) Safety routes 3) Lighting– 4) hazardous processing 5) medical or biological risks
• Regulatory Restrictions 1) Do you have access 2) Can you rebuild 3 ) Zoning– 4) Building/Ordinance 5) Are employees able to get to work
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Planning Considerations/Checklists – http://www.ready.gov/plan-for-your-risks
What is your risk of:
Earthquake – structural 2) Hazardous materials 3) Fire Safety
Fire - 1) Invite NFD to inspect business 2) Evac drills 3) Material handling 4) Data integrity
Flood – 1) Racking of inventory 2) Pumps 3) Generators
HurricaneTornado/WindstormWinter Storm/Cold WeatherTechnological Emergencies 1) Utilities 2) Life Support
3) Security Systems
Hazardous Materials 1) Training and handling
Bomb ThreatCivil Unrest - 1) Looting – resulting from other emergency
Boiler Failure
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Town of Monson, Massachusetts – June, 2011
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Monson, MA - June, 2011
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Monson, MA June 2011
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Your Emergency Response Needs
Developing an Emergency Response Plan: Identify Risk
• Direction and Control of plan 1) ERP COORDINATOR
• Government Emergency Services available - Andy
• Emergency Communications– 1) Hazmat 2) Biological 3) Security
• Notifications/Warning Systems - 1) When and how
• Employee Communication– Special needs / EE’s with Disabilities
• Public Information - Spokesperson assigned
• Evacuation Plan• Security and Safety• Shelter• Fire and Rescue• Health/Medical• Relocation• Facility Shutdown• Engineering - Damage Assessment
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Develop a Business Continuation Plan
• Use Coverage Checklists• What is your Business
Continuation Planning Schedule 1) 30 days? 60 days?
• Data Integrity and Vital Records Storage Checklist – – Tasks – Critical – Essential –
Important
• Business Impact Analysis– Functions: Sales, Operations, HR,
Facilities and Equipment, Information Systems
• Business Resumption Timetable• Recovery Team Action Plan• Restoration Checklist • 1) Obstacles to restart - Engineering plans
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“Business continuationplanning is the processof defining proceduresthat enable an organizationto continue as a viableentity after a disasterhas struck. If operationsare disrupted for too long,the business may fail.” Chubb Ins.
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Insurance and it’s role
• Proper limits• Dependent Property
Coverage• Business Interruption• Home Based
Businesses• Financial Services
Products• Banking Relationships
• Extra Expenses Insurance
• Equipment and Utility Replacement Services
• Duties in the event of a claim
• Take care of business• Communicate and
review your plan with your agent
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Useful websites for planning
• FEMA - http://www.ready.gov/business• MEMA -
http://www.mass.gov/eopss/home-sec-emerg-resp/plan-prep/business/
• Insurance Carrier Public Websites:– Chubb, Travelers, Hartford, Philadelphia, Hanover,
Great American– http://www.agilityrecovery.com– Thanks to Chubb & Son and Travelers Insurance