Thailand Flooding -- Marsh Advice on Business Resiliency
Preparation
SINGAPORE and BANGKOK, Oct. 26, 2011 /PRNewswire-Asia/ -- As the
worst floods in over 50 years continues to affect Thailand, Marsh,
the world's leading insurance broker and risk advisor, outlines
steps that businesses should take to help them prepare before and
during the emergency.
Flood Preparation
-- Activate your Business Continuity Management procedures.
Assemble
emergency response teams to review plans and decision
timelines.
-- Identify any suppliers that might be affected by the floods,
review
contingency plans, and make alternative arrangements as
needed.
-- If a decision is made to close a facility, check the
availability of
key personnel and agree on when to close the facility and the
time
required to shut down operations and evacuate personnel. To
ensure
safety of personnel, no-one should be allowed to remain on site
unless
approved by local authorities, and personnel should stay clear
of
low-lying coastal areas. Remain in contact with employees and
ensure
that contact lists are current.
-- Relocate, as required, any hazardous materials that could react
with
water.
-- Identify, back up, and/or relocate vital records. Cover
valuable
equipment, furniture, and other property susceptible to water
damage.
-- Check all emergency and communications equipment, including
generators
and radios. Ensure that generators will start automatically and
that
power transfers properly. Fill oil and fuel tanks to capacity.
Verify
that all fire protection equipment and systems are in
service.
-- Follow local media reports to stay current with the flood's
progress
and any advisory and mandatory evacuation orders.
-- Address access to your site after the floods recede. In
extreme
conditions, this will be controlled by public authorities.
Assemble
supplies for the emergency response team.
Marsh's property risk, business continuity, and crisis management
experts are available to assist clients with any necessary
preparations as well as post-event.
Marsh's local dedicated claims team and client executives can also
support clients in their business recovery in the event that they
are impacted. The local teams are supported by our regional and
international claims teams, including a team of specialists for
large or complex claims. To file a claim, contact your client
executive or contact:
Duncan Buchanan
Thailand Country CEO
Tel: +66-2695-7103
Email: [email protected]
Somlurk Suwanpakdeechit
Thailand Claims Leader
Tel: +66-2695-7136
Email: [email protected]
Marsh's Disaster Recovery Portal
Marsh's Disaster Recovery Portal ( http://usa.marsh.com/Insights/DisasterRecovery.aspx )
provides Marsh specialists' contact information and regularly
updated information for clients. Marsh has also set up a hotline to
which clients can direct insurance questions and file formal claims
notifications.
About Marsh
Marsh ( http://www.marsh.com/ ), the
world's leading insurance broker and risk advisor, teams with its
clients to define, design, and deliver innovative industry-specific
solutions that help them protect their future and thrive. It has
over 24,000 colleagues who collaborate to provide advice and
transactional capabilities to clients in over 100 countries. Marsh
is a member of Marsh & McLennan Companies ( http://www.mmc.com/ ), a global
professional services firm with 52,000 employees worldwide and
annual revenue exceeding US$10 billion, which is also the parent
company of Guy Carpenter (http://www.guycarp.com/ ), the
risk and reinsurance specialist; Mercer ( http://www.mercer.com/ ),
the provider of HR and related financial advice and services; and
Oliver Wyman ( http://www.oliverwyman.com/ow/index.html ),
the management consultancy. Its stock (ticker symbol: MMC) is
listed on the New York, Chicago and London stock exchanges. Follow
Marsh on Twitter @Marsh_Inc.
SOURCE: Marsh