Phoenix from the flames?
It is not enough for a company to take out a business interruption policy and hope that a settlement alone will get the business back on its feet after a loss. David Cloughton says that there is great deal more work involved.
Adisaster such as a fire, flood or explosion can have a devastatingeffect on the finances of a business. In addition, the psychological
impact can be severe and many firms never really fully recover market
position or their enthusiasm for success. However, those companies that
have made adequate provision for such accidents, including business
interruption insurance and other related forms of cover, can rebuild their
business relatively quickly and successfully.
In the evaluation of a business
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