Gain key insights on best practices in the planning and response phases of disaster recovery from professionals in the fields of risk management, disaster response, and insurance claims recovery.
Abstract
Natural disasters have been occurring more frequently and with greater potency, creating a real and heightened financial and operational risk to businesses around the globe. This paper aims to enhance traditional business continuity techniques and strategies by discussing how risk management, insurance, and claims knowledge can form a robust platform from which to minimize the impacts of natural disasters on business. To this end, the paper combines professional knowledge from the fields of risk management, disaster response, and insurance claims recovery to offer best practices in the key phases of planning and response.
About The Authors
Joe is the Vice President of Global Risk and Safety for First Onsite, a North American leader in business restoration services. With 28 years of experience in the construction industry, Joe has a record of assisting organizations in the profitable implementation of organizational risk and safety programs. He has extensive knowledge in risk assessment, disaster recovery planning, claims management, and overall corporate risk management program design and implementation.Joe has experience in all aspects of construction from heavy civil to commercial general contracting. Prior to joining First Onsite, Joe led both risk management and safety programs as the Vice President of Insurance and Safety for Flatiron Construction Co.Additionally, Joe has worked for FMI, a nationally recognized construction consulting company, and for Willis as an Assistant Vice President. He has been a frequent speaker for national organizations such as the AGC, the ABC as well as a speaker at IRMI. He is a Certified Safety Professional and a graduate of Millersville University with a degree in occupational safety and health. He also holds a Master of Business Administration from Eastern University.
Frank is the Founder and Principal at Procor Solutions + Consulting, a leading consulting firm in the areas of risk management, disaster planning, claim preparation, construction claims, insurance appraisals, and other financial business disputes. Frank is a recognized global thought leader on business resiliency strategies, having spoken and written many times throughout his career on the topic of business preparation and recovery strategies caused by major income-impacting disasters, losses, or disputes. Frank holds advanced degrees and professional certificates from Rutgers University, the Lubin School of Business at Pace University, and Columbia University – College of Engineering. For over 20 years, Frank has helped recoup over US$10bn in loss recovery for his clients.
Tracy President of Saxe Doernberger & Vita, P.C. A skilled commercial litigator with more than 35 years of experience focused on insurance coverage, he handles cases involving coverage for comprehensive general liability, directors and officers, professional liability, builder’s risk, subcontractor default insurance, first-party property damage, additional insured, wrap-up policies, collateral disputes, cyber, reps and warranty, and business interruption claims. Mr. Saxe frequently lectures on insurance coverage and has taught insurance law at Quinnipiac University.