Disaster Planning - The Ten Commandments of Success (AHA640N)

  • Product Format
  • Pre Recorded Audio Conference
  • Presenter(s)
  • Steven W. Sachs
  • Conference Date
     
  • Thursday, September 11, 2014
     
  • Aired Time
  • 1:00 pm ET - 12:00 pm CT - 11:00 am MT - 10:00 am PT
  • Length
  • 60 minutes

The Economic Benefits Of Disaster Recovery Planning

A well thought out and implemented disaster recovery plan will have a significant impact on a company’s reputation, market share, and financial results. Catastrophe planning follows a basic risk management (aka business) process with a large dose of common sense. When a well thought out Disaster Recovery Plan is implemented, the financial impact with respect to both minimizing the assets' down time and its financial impact often results in a time to shine in the midst of darkness. Real examples from Hurricanes  Andrew, Alicia, the Northridge Earthquake, and the New Orleans incident when a Chinese grain freighter hit the Riverwalk Shopping Center and the Hilton Riverside Hotel will be used to demonstrate the value and results of well thought out and executed planning in this session by Steven Sachs.

Session highlights:

  • The session will provide practical hands on information for you to utilize in developing Disaster Planning
  • You will learn to understand the wide-ranging impact of a successful disaster response program
  • The program will teach you how to identify the critical elements of a disaster recovery plan with respect to both pre-loss and post loss actions
  • The economic benefits of Disaster Recovery Planning
  • Identification of critical success factors that will drive a successful recovery
  • Identify how to involve Underwriters and Insurance Company Claims Adjusters as positive team members
  • Provide critical issues to be addressed for properties exposed to area wide natural disasters

Who should attend:

  • Real estate property owners
  • Property managers
  • Manufacturers
  • Retailers
  • Risk managers
  • Insurance brokers, agents, and consultants
 

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About the Presenter(s)

Steven W. Sachs has served as a director of Howard Bancorp since its formation in 2005 and as a director of Howard Bank since 2004. Mr. Sachs is an Executive Vice President and Director, Real Estate and Hotel Practice of Willis, a global insurance brokerage and risk management services company. From 1992 to 2000, he served on the Board of the Self Insurance Education Foundation and, from 1996 until 1999, on the Board of the Self Insurance Institute of America. Mr. Sachs is an organizing director of Howard Bank and is currently the Chair of the Governance and Nominating Committee and a member of the Executive Committee of the boards of directors of both Howard Bancorp and Howard Bank.

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