Forecasters with the NOAA’s Climate Prediction Center, a division of the National Weather Service, recently announced there is a 60% chance of an above-normal Atlantic hurricane season in 2020. With businesses across the United States already impacted by the challenges of the COVID-19 pandemic, it is of “paramount importance” that they shore up their business resilience strategies in order to minimize the unique risks of the impending tropical storm season.
“Business resilience is of paramount importance for everyone right now – both in terms of personal resilience and operational resilience. We’re in the middle of a global pandemic, and now we’ve entered hurricane season,” said Jack Holt (pictured), consulting director, business resiliency, risk control, CNA. “Some of our insureds are shutdown [because of COVID-19] and are now trying to work on how they can restart successfully as the public health situation and the government guidance around it continues to evolve. We’re getting new information about the pandemic every day, which they’re having to process quickly. That’s a core element of business resilience – being able to get information, endure what you’re faced with, and adapt quickly and efficiently to changing conditions.”
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