Marsh has given the following advice to those expecting to be affected by Cyclone Yasi which is approaching the north east coast of Queensland. Many businesses are considering diverting or shutting down operations in order to protect their staff, assets and revenue streams. In preparation, Marsh says affected businesses should:
- Actively monitor and follow the advice provided by emergency services in a timely manner
- Ensure arrangements are in place to contact staff, suppliers and customers, including ready access to telephone, email and home address details
- Secure critical records and files including accounts, customer lists, inventories, insurance details etc.
- Activate plans to isolate or protect assets and equipment to minimise damage or loss
- Test arrangements to divert telephony and other critical services
- Be timely in their decision making and be prepared to be out of their premises for multiple days
For insurance news on Cyclone Yasi click here
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