For those living in hurricane prone areas, it's critical to begin developing a catastrophe plan. While we can't predict what's coming our way, we know that the Atlantic hurricane season — running from June 1 to November 30 — will bring ne…
When enterprise risk managers develop organizational disaster response plans, catastrophes like tornados, hurricanes and earthquakes are usually top of mind. But, the possibility of a devastating fire cannot and should not be overlooked, as a fire lo…
Recent years have produced above-average storm seasons and, at the earliest estimation, 2023 is expected to continue this trend. It’s not a matter of if, but when a catastrophe will strike. During National Hurricane Preparedness Week and throughout t…
When disaster strikes, getting the right catastrophe solutions to the right places quickly are essential. In this podcast, we are joined by Beau Bishop, SVP of catastrophe operations, who discusses the vast range of needs necessary to handle differen…
In part one of this blog series we discussed the importance of preparing for a disaster before it strikes — which takes thorough review, reevaluation and replanning. For some public entities (PEs), the topic sparked conversation but was uninten…
Public entities (PEs) are in a unique position as policyholders with a vast saturation in relatively tight geographic markets. Recognizing the larger sociopolitical and financial impact of loss to PEs, even finite events can yield devastating effects…
After experiencing a property loss — especially during hurricane season — homeowners have difficulties finding temporary housing that doesn’t impact their normal daily routines. The short-term crunch of finding housing in an area with wid…
When most people think about preparing for an oncoming hurricane, they picture boarding up windows and replenishing the bottled water and non-perishable food in their home emergency kit. For those of us who work in the Caribbean insurance market, dis…
Nearly one year ago, an Auckland-based manufacturer experienced a major fire that had a devastating impact. With the business, brand and the livelihoods of 50 employees at stake, the range of immediate concerns and challenges went beyond anything the…
As I prepared to write this year’s season of giving blog, I reflected on how, every year, I think there can’t be a way to top the year before—whether professionally, personally, within my community or in the world. However, for me, this year ha…
Spring will be here soon and there will be many articles published to prepare you for severe weather season. There is a debate between those who live in the path of storms and those who live in earthquake prone areas- which is worse? Do you want to h…
The 2018 CAT season has started with a vengeance. Already, we are seeing damage from flooding, earthquakes and a volcano in Hawaii. On top of that, hurricane season will soon be underway, the potential increases for droughts and related fires, and we…
As we prepare for the 2018 storm season, I can’t help but look back at the impact of 2017’s extreme weather. We have seen how vital it is to be ready to respond quickly to property claims in the field. Catastrophic weather events continue to test und…
At Sedgwick, our colleagues are dedicated to taking care of our clients and helping them stay informed on key changes and emerging trends in our industry. We recognize that 2018 will be a year of change in a variety of critical business areas. Sed…