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Should You Revisit Insured Property Value Estimates?

Risk Management Monitor

One of the first steps in obtaining commercial property insurance is to determine the value of the property being insured. On the other hand, performing an appraisal (which insurers typically consider the “gold standard”) can provide much-needed accuracy and thoroughness, but will require a greater commitment of time and resources.

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Risk Management Process- Part 1: Overview

Zerto

This framework captures your business continuity and disaster recovery plans, so it must be regularly updated as the organization scales and its risk profile expands or shrinks. It also forms the basis for investing in risk management strategies, such as business continuity and disaster recovery.

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How Business Continuity Provides Value to A Business

Erwood Group

The first and most obvious to many is that business continuity planning helps organizations obtain reduced premiums on insurance. The refining of these processes over time helps the organization to increase efficiency maximizing operations for capacity, agility, and growth finally leading to better cost management.

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Storage and Data Protection News for the Week of May 26; Updates from Cohesity, Continuity, Infinidat & More

Solutions Review

Auditors and cyber insurance firms are now taking a much closer look at the security of storage & backup systems, as well as regulatory bodies and industry standards. Read on for more. Continuity Software Joins Dell Technologies ETC Program It’s not just ransomware that’s top of mind for security and storage teams. Read on for more.

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Staying Prepared for an Approaching Storm

Disaster Recovery

Fill all vehicles to more than half their fuel capacity during the hurricane season. Purchase insurance for your property, including coverage that protects against flood damage. Claim insurance for damage to your residence. Put together a kit. Develop plans. Keep track of the latest news. Pre-Storm Preparation. Litter box.

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Tips for Managing Third-Party Risk in Health Care

Reciprocity

And that suffering now extends far beyond the potential for Health Insurance Portability and Accountability Act ( HIPAA ) regulatory non-compliance brought on by lost or stolen data; instead, the breaches affect healthcare organizations’ capacity to function and pose a risk to patient safety.

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Everything You Need to Know About Business Continuity Plans

Erwood Group

NOTE: DRII takes this definition from the Business Continuity Institute BCI and Disaster Recovery Journal DRJ. Insurance Contact Information. Critical Recovery Timelines. Document Recovery and Salvage providers. Can personnel on shifts work longer or different shifts without impacting output or capacity?