Ponsford Insurance
In most organisations - large or small - losses of any significance occur infrequently. In fact the majority of them continue year after year without experiencing any loss at all. When therefore a loss does occur it is something very much outside the experience of their normal business activity and decisions have to be made as to how it should be handled and what actions need to be taken to minimise the ongoing effects.
“IF WE HAD A LOSS TOMORROW WHAT PROBLEMS WOULD FACE US AND WHAT ACTION SHOULD WE TAKE TO MEET THEM?”
Planning and training of personnel are the keys to the answer.
Many of the actions suggested are also relevant to damage which is not insured and would assist in minimising the effects of such incidents.
In all attempts at minimising loss and getting back into operation promptly the most important feature is the speed of action taken by local management. YOU are the expert on your own business - YOU are the most familiar with its operations - YOU can initiate the immediate corrective measures.
Of necessity a Plan is prepared in a general manner with emphasis on the most catastrophic of all losses (fire). However our suggested procedures will assist in the handling of all types of losses.