Special Report

2020 Catastrophe Preparation and Recovery

June 1 marks the beginning of hurricane season, while the peak of tornado season is March through May. Wildfire season is traditionally during the summer months, but in some states the risk is yearlong. Preparation is key to providing a timely response in order to help policyholders begin the recovery process. In this Special Report we share information on how best to prepare for natural disasters and how to recover if one damages your property.

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Haywood Marsh, General Manager at NetClaim, offers insight on the keys to handling catastrophe claims. (Photo: Shutterstock)

Nothing tests a company’s processes like a crisis. And there are few events that test insurers and third-party administrators like a punishing hurricane season.

All types of damage, from lost lives and well-being to destroyed homes, cars, business continuity and government property occurs simultaneously, across widespread geographies that can be only vaguely predicted. And, in any weather catastrophe, social media has the ability to outrun any business, raising the stakes for engaging quickly and effectively with policyholders.

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