There is an old saying that “failing to prepare is preparing to fail.” However, while this might ring true for everything from school exams to that next crucial boardroom meeting, even the best planning in the world can’t prepare us for the unexpected – and when it comes to the unexpected, few things are as striking as acts of terrorism.
“It’s a bit like the boy putting his finger in the dam in Holland,” explained Beech Underwriting MD and CEO Geoff Stilwell, speaking to Insurance Business. “He spots a leak and another hole forms and he puts another finger in. It’s like a lot of things – you think you’ve got things about right and then something will happen that will say ‘you know what, we either missed it or we didn’t think that would happen.’ Certainly on 9/11 nobody thought someone would fly a plane into a building.”
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