Jun 11, 2013
Focusing on Property Risk Management
Risk events such as fires, adverse weather conditions, and terrorist attacks can have devastating effects on an organization's facilities and physical infrastructure. If ineffectively managed, core operations can be paralyzed, assets can be destroyed, and key IP may be compromised. In May 2013, Advisen Ltd. conducted a large survey of risk managers and property brokers in order to gain perspective on the status of property risk management efforts among businesses operating in the United States and abroad. The survey asked questions around two main themes: 1) what are companies doing, if anything, to specifically manage threats to the physical property and resources of the business, and 2) what are the key characteristics and practices of successful property risk managers? This white paper provides an overview of the survey and its results, which may provide useful benchmarking data for risk leaders.