CCEM Strategies

NOVEMBER 9, 2023

1 Of the top 10 most expensive natural disasters in terms of insurance payouts in Canada, floods are responsible for four. The Insurance Bureau of Canada states that the insured damage of this event was $675 million. Floods are the costliest natural disaster in Canada in terms of property damage.

Emergency Planning 52

Emergency Planning Insurance Insurance Damage Assessment 52

FS-ISAC

MARCH 2, 2022

Free spending cycles may also result in generic capability building and purchasing of unnecessary tools, rather than a focus on real risk reduction value. Success is Measured by Risk Reduction, Not Capability Building. Finally, large organizations seem to develop a resistance to change.

Banking 59

Banking Cybersecurity Risk Reduction Financial Services 59

MHA Consulting

MARCH 2, 2023

Managing residual risk is similar to deciding how much of a deductible you are willing to accept in buying auto insurance. And in some cases, just as with car insurance, companies might be paying more for risk mitigation than they really need, if they have a relatively high risk tolerance.)

Mitigation 95

Mitigation BCM Acceptable Risk Risk Management 95

everbridge

MARCH 6, 2023

The current systems and solutions in place for managing climate hazards are often inadequate, and the reliance on traditional insurance has become insufficient. The Insufficiency of Traditional Insurance Organizations often rely on insurance providers to provide protection against the impacts of extreme weather events.

Resilience 52

Resilience All-Hazards Command Center Insurance 52

MHA Consulting

APRIL 20, 2023

Second, using the risk maturity model pays. Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease. There’s nothing better than to go through the different of your company and be able to show how you reduced risk in that area.

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

Second, using the risk maturity model pays. Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease. There’s nothing better than to go through the different of your company and be able to show how you reduced risk in that area.

Resilience 52

Resilience Risk Management Mitigation BCM 52

Erwood Group

JANUARY 28, 2024

Another is through gaining insurance coverage without increasing the premium from the provider. Business continuity is an investment in risk reduction and organizational resilience. One such way is through the acquisition of new clients by showing the stability of the business to withstand and respond to disruptions effectively.

Business Continuity 52

Business Continuity Disaster Recovery Continuity Planning Crisis Management 52