Clark Schweers says companies are just beginning to “wrap their arms around” the vast business-interruption implication left behind by Superstorm Sandy.
Schweers is a managing director for BDO Consulting, a provider of litigation, investigation, risk advisory and other services for major corporations and insurance companies (among others). As the head of the firm's business-interruption and insurance-claims practice, Schweers says he's already talked to companies—and each are just starting the process (if it's even possible) of accessing losses due to the vast disruption caused by Sandy.
“It's mind-boggling; that's what they are telling me,” Schweers says of what he's hearing from the companies—many of them belonging to the Fortune 500—about their initial look at what Sandy has done to business.
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