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Deadly and destructive wildfires have destroyed or damaged thousands of homes and businesses across the globe, and have caused billions of dollars in insured losses in recent years.

Best Practices

How businesses can minimize their wildfire risk, from Allianz and I.I.I.

AGCS and I.I.I. have teamed up to provide businesses with risk mitigation practices to safeguard their establishments.

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“Preventative measures and foresight are some of the greatest demonstrations of quality operations and risk management aptitude and likely result in managing a business’s total cost of risk to a lower price point with more resilient ongoing operations,” said Scott H. Steinmetz, P.E. Global Head MidCorp ARC, Allianz. (Photo: AP Photo/Dan Steinberg)

In the midst of the hottest, driest months of the 2019 wildfire season, the risk for businesses and properties in wildfire-prone states is at its peak.

According to FEMA, more than 40% of U.S. small businesses do not reopen after a natural disaster, including a wildfire. Worse, among those that do reopen, 25% close their doors over the following two years.

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Danielle Ling

Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].

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