UK Businesses Win Right to COVID-19 Business Interruption Insurance Claims
The UK Supreme Court has ruled that businesses can claim insurance payouts for pandemic-related losses, dismissing insurance companies’ argument that their “business interruption” policies didn’t cover them. The case was brought to the UK’s Financial Conduct Authority on behalf of 370,000 affected policy holders, who had learned earlier this year that the business insurance interruption […] View MorePandemic Survey Highlights European Risk Management Response
A year into the coronavirus pandemic, here’s a snapshot of how organizations throughout Europe have measured their risk management response so far. The Federation of Risk Management Associations (FERMA) recently published “Risk Management, Recovery, and Resilience,” a survey of 314 risk and insurance management professionals in Europe during COVID-19. It found that in the immediate […] View MoreUK Survey: Many Businesses Still Aren’t Prepared for Brexit Risks
As the Brexit deadline looms at the end of the year, a surprising number of UK businesses still haven’t taken the recommended steps to prepare for upcoming changes and impacts it will bring to their operations. According to a survey by the British Chambers of Commerce, only 38% of companies have carried out a Brexit […] View MoreBusiness Interruption Insurance Claims Aren’t Paying Out During the Pandemic
During the pandemic, many business owners thought they could count on business interruption insurance – but they were wrong. Why are so many claims being denied? As reported by the New York Times, thousands of businesses have found out that the business interruption insurance policies they bought – to replace portions of lost revenue when […] View MoreSurvey: COVID-19 Has Hampered UK Business Brexit Readiness
UK business leaders continue to struggle with preparations for Brexit before the end of the transition period, both because of confusion over changes, and the added challenge of the coronavirus pandemic. Only 24% of UK business leaders believe their organizations are completely ready for the end of the Brexit transition period ending Dec. 31, 2020, […] View MoreWhat’s the Current State of Risk Management in Europe?
The 10th Edition of the European Risk Manager Report was collected before the pandemic – but its results still paint an illuminating picture of the risk landscape European resilience professionals must navigate in the short and long term. The 2020 report, developed by the Federation of European Risk Management Associations (FERMA), gathered responses from 764 […] View MoreCheck Out the DRI Hiring Guide – Now Updated with International Salary Info
During this uncertain time, one thing is still perfectly clear: the role of business continuity is more in demand than ever all around the world. DRI’s Hiring Guide is designed to help organizations to better understand what that role entails and more effectively tap into the right talent pool. We’ve updated it to include salary […] View MoreHow Resilient is Your Organization to a Business Disaster?
The Resilience Association’s Steve Yates has provided a new post, “How Resilient is Your Organization to a Business Disaster?” “Nowadays, sophisticated man-made and technological services are an indispensable part of our daily life. Therefore, market leading organizations using these capabilities should by now have taken the step to move from “contingency to continuity”. The next, more challenging […] View MoreJournal of Business Continuity & Emergency Planning: January Editorial
Extinction Rebellion, Yellow Vests, Pro and Anti Brexiteers, Dump Trump Campaigners, Hong Kong Protests By Lyndon Bird Chief Knowledge Officer DRI International Nowadays, it seems that the response to anything you don’t like is to come out on the streets and demonstrate. Of course, Hong Kong is the odd one out in this frenzy of […] View MoreDRI’s Lyndon Bird Presents BCM Challenges to Disaster Response Expo
In December 2019, London Olympia hosted the International Disaster Response Expo, one of Europe’s largest security and disaster response exhibitions and conference programs. One of the core steams was Crisis Management and Lyndon Bird, DRI Chief Knowledge Officer, helped the UK publication Crisis Response Journal showcase this vital subject. In his presentation, Lyndon used the […] View More