Financial institutions and professional service organizations face significant property and business continuity risks, despite not typically involving hazardous industrial activities. These risks are exacerbated by the reliance on data, technology, and continuous operations, as well as the varied exposures introduced by multi-tenant properties. To safeguard their properties, these organizations must implement a variety of systems, strategies and more. To enhance resilience, property managers should address specific risks in areas with unique characteristics.
Partnering with insurance brokers and carrier risk control professionals is essential for conducting thorough risk assessments and implementing tailored best practices. This collaboration ensures not only operational stability but also long-term resilience, safeguarding the organization against a wide array of potential threats.
For more detailed insights, explore our latest report and reach out to a WTW colleague for personalized assistance for your organization.
WTW hopes you found the general information provided here informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, WTW offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).
