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Black Swans and Swiss Cheese – A Boat Crash in Baltimore

Plan B Consulting

According to Lloyd’s, this event might be the biggest ever marine loss in the history of the insurance industry as the event was a ‘fully insured risk event’, meaning that the Francis Scott Key Bridge, the ship, the vessel’s cargo, and the port, were all covered. So, bridge collapses are very rarely caused by ships.

Banking 52
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Isle of Coll Fire – A view from the frontline

Plan B Consulting

The local authority at Grenfell was overwhelmed with vans full of donated items to help the survivors, they were then criticised for their failure to manage these spontaneous donations. We also saw this quick response at Grenfell and Katrina, where people were very generous and donated anything they had to spare.

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Isle of Coll Fire – A view from the frontline

Plan B Consulting

The local authority at Grenfell was overwhelmed with vans full of donated items to help the survivors, they were then criticised for their failure to manage these spontaneous donations. We also saw this quick response at Grenfell and Katrina, where people were very generous and donated anything they had to spare.