NEW YORK, May 17, 2023 /PRNewswire/ -- The official start of the Atlantic hurricane season on June 1 serves as an important reminder for businesses to ensure they are prepared for severe storms. This year, the hurricane experts at Colorado State University have predicted 13 named storms and six hurricanes ? two of which will be Category 3 (winds 111 to 130 mph) or higher. To help businesses guard against the risk, insurance leader QBE North America is offering tips for protecting employees, property, and assets.
"Preparing for hurricanes and other types of severe storms is not just a good idea, it's a necessity," said Monique McQueen, Vice President of Property Claims at QBE North America. "Besides bringing high winds, storms are dropping more rain and causing more water damage. Hurricanes like Ida in 2021, which traveled from Louisiana up through New England, can have a significant impact well beyond coastal areas traditionally considered most at risk. Businesses must take the initiative to mitigate the losses associated with these natural disasters."
Companies should be sure to have a disaster response and business continuity plan that is up to date and shared with key staff at least annually. As part of the plan, QBE suggests the following actions to help businesses prepare their employees and property prior to hurricane season:
"After a storm hits, businesses can feel overwhelmed and unsure of what to do next ? especially in the face of any accidents or losses," said Ted Cabaniss, Lead Risk Control Consultant, QBE North America. "Checking in with your broker or insurer on a regular basis is key to understanding your coverages and ensuring a smooth claims process during these turbulent times."
QBE Risk Solutions offers a variety of tools and tips to help their insureds plan for disasters. Additionally, there are several useful resources to assist with hurricane preparedness planning, including The Ready Business Hurricane Toolkit from FEMA.
QBE North America's Risk Solutions teams are experts in risk and delivering loss prevention and loss protection services. Their focused commitment to service and technical acumen helps customers identify, evaluate, and reduce their potential for losses and business risk. By getting to know their customers, their business operations, priorities, and concerns, they can help deliver the best possible outcomes.
About QBE
QBE North America is a global insurance leader helping customers solve unique risks, so they can stay focused on their future. Part of QBE Insurance Group Limited, QBE North America reported Gross Written Premiums in 2022 of $7.27 billion. QBE Insurance Group's results can be found at qbe.com. Headquartered in Sydney, Australia, QBE operates out of 27 countries around the globe, with a presence in every key insurance market. The North America division, headquartered in New York, conducts business primarily through its insurance company subsidiaries. The actual terms and conditions of any insurance coverage are subject to the language of the policies as issued. QBE insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard & Poor's. Additional information can be found at qbe.com/us or follow QBE North America on LinkedIn and Facebook.
QBE makes no warranty, representation, or guarantee regarding the information herein or the suitability of these suggestions or information for any particular purpose. QBE hereby disclaims any and all liability concerning the information contained herein and the suggestions herein made. Moreover, it cannot be assumed that every acceptable risk transfer procedure is contained herein or that unusual or abnormal circumstances may not warrant or require further or additional risk transfer policies and/or procedures. The use of any of the information or suggestions described herein does not amend, modify, or supplement any insurance policy. Consult the actual policy or your agent for details about your coverage. QBE and the links logo are registered service marks of QBE Insurance Group Limited. © 2023 QBE Holdings, Inc.
SOURCE QBE North America
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