The European Forum for Risk and Insurance professionnals
Part 1: How the latest insurance products enable organisations to be ready for, respond to and recover from unexpected events, by Lottie Catto and Stefan Sievers
A terrorist threat. A damaging allegation. A hacker attacking IT systems. The speed of change in today’s threat environment means that dynamic and responsive crisis management is vital. No organisation can be prepared and resourced for every crisis that occurs, so how can businesses have the peace of mind that they will be able to respond effectively to unexpected events? Recent innovation in the insurance market is developing products that provide clients with immediate access to global crisis management expertise. During this presentation we will share examples of how risk managers have used insurance policies to proactively respond to a broad range of security and integrity issues. Case studies will illustrate how these new policies can help to prevent unexpected business issues from developing into crises.
Part 2: Security evacuation out of country – Are you prepared for it? by Martin Bauer
When changes in the security environment occur – whether it is a terrorist threat or a natural disaster – organisations need to respond quickly to an escalating situation. Sometimes the only possible response is the full evacuation of staff. Are you prepared for it?
Travel Security Escalation Planning brings clarity of decision making and defines triggers and actions deriving from situation analysis. These triggers are linked to an evacuation notification system which is monitored 24/7 to ensure timely and effective decision making. Having such a system in place allows organisations to optimise productivity while ensuring compliance with its various duty of care obligations.
During the session, Martin Bauer, Regional Security Manager at International SOS – who has himself coordinated and conducted security evacuations – will talk about challenges, methodology and best practice.