The Titanic was the mother of all disasters and everyday risk
The Titanic was the mother of all disasters and everyday risk
Before Chernobyl, 9/11 and Fukushima Daiichi, there was the Titanic. Even after these catastrophic events, there is still the Titanic. 100 years after the “unsinkable” ship was torn apart in a collision with an iceberg, its memory is as buoyant as ever.
On the 100th anniversary of the sinking of the ship, Kevin McPoyle, President of KMRD Partners, contributed these thoughts on lessons to be learned from this disaster to American Agent & Broker magazine. To read the full article <click here>
One hundred years ago, the captain, crew and passengers of the Titanic were not ready for their unscheduled collision with an iceberg. With hindsight, we have an advantage. It is now easy to realize they could and should have been ready. Yet we frequently meet business owners and gifted professional service providers who see an issue in a business and adopt the “not going to happen here” mentality. This leads them to do nothing to improve a situation and reduce risk. The U.S. economy is littered with carcasses of companies using the same doomed strategy.
As risk managers, it is our responsibility to look forward to the next 100 years as we help our insureds anticipate impending disasters. Are you ready?
KMRD reduces the overall cost of risk for clients by producing a greater value for each insurance dollar spent, while utilizing an enterprise risk management approach to engineer the optimal solution. The firm’s diagnostic process is supported by its unique collaborative technology, KMRD XCHANGE ®
We are dedicated to anticipating risk and helping organizations recover from unplanned events that wait on the other side of one minute from normal.
To learn more about our insurance and risk management solutions, contact us at contactus@kmrdpartners.com before one minute from normal strikes your organization.
