Could You Lose Your Business Due to a Flood?
Could You Lose Your Business Due to a Flood?
According to scientists, Gulf Stream water currents in the Atlantic Ocean have slowed to their weakest level in 1,000 years, threatening shifts in U.S. and European weather, as well as rising coastal sea levels including in New York and Boston.
Pennsylvania is considered to be one of the most flood-prone states in the nation, with approximately 83,000 miles of river and streams and nearly 2,400 local governments enrolled in the National Flood Insurance Program.
The Gulf Stream currents are probably affected by changes in ocean density as fresh water melts from Arctic ice sheets, scientists led by the Potsdam Institute for Climate Impact Research said in a study in the journal Nature Climate Change.
To learn more about your firm’s susceptibility to flooding and to determine if your present insurance coverage will protect your firm one minute from normal, please contact your relationship manager at KMRD Partners. They can provide advice regarding this critical coverage.
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 firms recover from unplanned events that wait on the other side of one minute from normal.
To identify and correct coverage and service gaps in your business insurance risk profiles contact us at contactus@kmrdpartners.com before one minute from normal strikes.
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