‘10 Years After Hurricane Katrina: Lessons in Preparedness, Response, and Resilience’

Published: Wednesday, 05 August 2015 07:13

The last week of August marks the tenth anniversary of Hurricane Katrina, the costliest storm ever to make landfall in the United States; and a new report published by Marsh looks at the lessons that can be learned from the event.

In ‘10 Years After Hurricane Katrina: Lessons in Preparedness, Response, and Resilience’, executives from Marsh reflect on how property insurance, claims, analytics, risk engineering, and crisis management have changed since Katrina; and explain what we've learned from Katrina and other disasters about protecting people, property, and profits.

The key takeaways from the report include:

The report concludes that businesses can mitigate their risks and increase their resilience by focusing on four areas:

1. Protect your property;
2. Protect your profits;
3. Protect your people;
4. Protect your future.

Read the report (PDF).