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Why Business Interruption?

Business interruption (incl. supply chain disruption) continues to be the top risk for the fifth successive year according to the Allianz Risk Barometer, with 37% of responses choosing it among their top three business risks.

Business interruption (BI) entails a loss of income that could impair a company’s revenue stream and thus a shortfall in covering the ongoing costs of doing business. Its impact is one of the hardest risks to measure.

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Caribbean territories are greatly exposed and highly vulnerable to natural disasters, which means that our homes, businesses and lives are always at risk.

 

How many Barbadian businesses are covered?

 
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“Not enough attention is being paid to risk management and disaster mitigation, along with the risk transfer tools such as Business Interruption Insurance”

— James Peirce

 
 
 
 
 
 
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KINDLY FILL OUT THIS short form AND WE'LL CONTACT YOU TO SETUP YOUR FREE CONSULTATION and exclusive business continuity plan template.