Aegis Blog

Small businesses have more difficulty recovering after natural disasters

This blog has previously underlined the importance of business owners taking the time to conduct thorough risk assessments and find comprehensive insurance policies. Smaller companies must take extreme care in this process, as unexpected events can prove to be very costly.A recent survey from Alibaba, Vendio and Auctiva showed that 74 percent of small business owners have not created a disaster recovery plan, even after Hurricane Sandy and Winter Storm Nemo. Furthermore, the Red Cross reports that as many as 40 percent of small businesses do not reopen after ...

 

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