Atlantic Advisers Insurance Agency Inc. 2013

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Protecting your business, home, and personal assets

Disaster Planning and Recoverywww.ready.gov/business

http://www.mass.gov/eopss/agencies/mema

Atlantic Advisers Insurance Agency Inc. 2013

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Business Recovery PlanningOverview

• What is a Business Recovery Plan? 1) Prepare 2) Respond 3) Continue Operations

• Disaster Preparedness Planning – 1) Checklists 2) Organize 3) Safeguard– 4) Defines process to get you back in business

• Hazard Assessment Matrix – Use available Checklists• Geographical 1) historical 2) Proximity – Rt3 to Accord Park

– 3) Potential hazards from community ( Pilgrim )

• Technological 1) Power grid 2) Internet

• Human Error 1) single largest cause of workplace emergencies

• Plants and Equipment 1) construction 2) Safety routes 3) Lighting– 4) hazardous processing 5) medical or biological risks

• Regulatory Restrictions 1) Do you have access 2) Can you rebuild 3 ) Zoning– 4) Building/Ordinance 5) Are employees able to get to work

Atlantic Advisers Insurance Agency Inc. 2013

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Planning Considerations/Checklists – http://www.ready.gov/plan-for-your-risks

What is your risk of:

Earthquake – structural 2) Hazardous materials 3) Fire Safety

Fire - 1) Invite NFD to inspect business 2) Evac drills 3) Material handling 4) Data integrity

Flood – 1) Racking of inventory 2) Pumps 3) Generators

HurricaneTornado/WindstormWinter Storm/Cold WeatherTechnological Emergencies 1) Utilities 2) Life Support

3) Security Systems

Hazardous Materials 1) Training and handling

Bomb ThreatCivil Unrest - 1) Looting – resulting from other emergency

Boiler Failure

Atlantic Advisers Insurance Agency Inc. 2013

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Town of Monson, Massachusetts – June, 2011

Atlantic Advisers Insurance Agency Inc. 2013

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Monson, MA - June, 2011

Atlantic Advisers Insurance Agency Inc. 2013

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Monson, MA June 2011

Atlantic Advisers Insurance Agency Inc. 2013

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Your Emergency Response Needs

Developing an Emergency Response Plan: Identify Risk

• Direction and Control of plan 1) ERP COORDINATOR

• Government Emergency Services available - Andy

• Emergency Communications– 1) Hazmat 2) Biological 3) Security

• Notifications/Warning Systems - 1) When and how

• Employee Communication– Special needs / EE’s with Disabilities

• Public Information - Spokesperson assigned

• Evacuation Plan• Security and Safety• Shelter• Fire and Rescue• Health/Medical• Relocation• Facility Shutdown• Engineering - Damage Assessment

Atlantic Advisers Insurance Agency Inc. 2013

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Develop a Business Continuation Plan

• Use Coverage Checklists• What is your Business

Continuation Planning Schedule 1) 30 days? 60 days?

• Data Integrity and Vital Records Storage Checklist – – Tasks – Critical – Essential –

Important

• Business Impact Analysis– Functions: Sales, Operations, HR,

Facilities and Equipment, Information Systems

• Business Resumption Timetable• Recovery Team Action Plan• Restoration Checklist • 1) Obstacles to restart - Engineering plans

?

“Business continuationplanning is the processof defining proceduresthat enable an organizationto continue as a viableentity after a disasterhas struck. If operationsare disrupted for too long,the business may fail.” Chubb Ins.

Atlantic Advisers Insurance Agency Inc. 2013

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Insurance and it’s role

• Proper limits• Dependent Property

Coverage• Business Interruption• Home Based

Businesses• Financial Services

Products• Banking Relationships

• Extra Expenses Insurance

• Equipment and Utility Replacement Services

• Duties in the event of a claim

• Take care of business• Communicate and

review your plan with your agent

Atlantic Advisers Insurance Agency Inc. 2013

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Useful websites for planning

• FEMA - http://www.ready.gov/business• MEMA -

http://www.mass.gov/eopss/home-sec-emerg-resp/plan-prep/business/

• Insurance Carrier Public Websites:– Chubb, Travelers, Hartford, Philadelphia, Hanover,

Great American– http://www.agilityrecovery.com– Thanks to Chubb & Son and Travelers Insurance