Prevention.
WHY IT MATTERS
Prevention costs less than claims, and claims raise premiums.
Some policies require specific precautions.
WHAT REDUCES RISK PRACTICALLY
Securing premises properly Maintaining equipment Training people Documented procedures Backups Access control
FOR PHYSICAL PREMISES
Locks, lighting, and whatever your policy requires.
FOR EQUIPMENT
Maintenance, and appropriate power protection.
THE POWER POINT
Surge damage to equipment is a real and common loss here.
Protection costs less than replacement.
FOR DATA
Backups, off site.
No insurance recovers data that was never backed up.
FOR PEOPLE
Training, and clear procedures.
Most incidents involve someone doing something they were not shown how to do.
WHAT TO DOCUMENT
The precautions you take.
Useful at claim time, and required by some policies.
WHAT TO REVIEW
Annually, alongside your cover.
