Signing Contract

Here are 7 tips from QBE to help businesses prepare for hurricane season.
1. Business clients should have an up-to-date formal business continuity plan in place that should be shared with key staff well in advance of a hurricane.
(Photo: TippaPatt/Adobe Stock)

After a record year in 2020, the National Hurricane Center will begin issuing advisories in the Atlantic starting May 15 — more than two weeks ahead of the official start of the Atlantic hurricane season on June 1st. This year, forecasters predict an above-average 17 named storms out of the basin, four of which are expected to develop into major systems with winds of at least 111 miles per hour. "Even if you have a tried-and-true plan in place, now is the time to look at it with a fresh mindset," said Paul Isaac, SVP and loss control leader at QBE North America, in a press release. "Businesses have undergone significant challenges and changes in the last year that may not be adequately addressed in their disaster response plans, and the risks from pandemic are still present." QBE also recommends businesses create disaster response plans to mitigate property damage, ensure employee and customer safety, and limit business downtime after an event. It is also important for brokers to set realistic expectations for clients who may experience delays in recovery as the economy continues to pick up amidst the pandemic. For more tips from QBE on how business clients can prepare for the 2021 hurricane season, click through the slideshow above.
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.

Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].