DISASTER CONFERENCE 1
January 1st, 2002
BY ALAN OSBORNCompanies worried about the threat to the continuity of theirbusiness posed by a disaster like the World Trade Centre attack can insureagainst it. To nobody's surprise the practice has soared in popularitysince September 11th. Mr Chris Rigby Smith, head of business continuity atMarsh UK, told delegates at this week's contingency planning and disasterrecovery conference in London that business interruption insurance (BII)differed from business crisis management (BCM) but they were linked. "BIIis risk transfer, BCM is risk control," he said.Under BII ...
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