In recent years, wildfires have increased in both frequency and severity as a result of rapid climate change, prolonged droughts, and extreme storm events. Wildfires cause billions of dollars in damages each year, burning through acres of property and natural wildlife to disrupt and endanger day-to-day life for homeowners and businesses, while putting many first responders at great risk.
For individuals, businesses, and organizations located in high-risk areas, it's important to take preventative measures to protect what matters most. These steps may include fully assessing the potential physical and economic impacts of a wildfire, deploying specialized building features, creating evacuation and crisis plans, and developing the right portfolio of insurance coverage to effectively support the process of recovery and reconstruction.
Business interruption resulting from natural disasters, fires, supply chain failures, and even cyberattacks can pose significant financial losses for companies operating in the global business environment. Our innovative insurance and risk management strategies can help you understand your exposures and build greater resilience.