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Risk Management – Windstorm

Commercial LinesGeneral Insurance, General InsuranceGeneral Insurance Home Page

With the news that Ireland can expect plunging temperatures and extreme storms to become a more regular occurrence, answering the question of how companies can best prepare and respond should be a priority for business and property owners.

Storms can cause structural damage to a property and may lead to flooding. This can result in power outage and prolonged business interruption making it difficult for a business to trade.

Small businesses are the most vulnerable because there is no simple way of telling how long weather-related disruption can last. Prolonged periods of disruption can lead to financial distress, triggering shortfalls in sales, store closures and even job cuts.

Storms and damage to property can be upsetting and one of the best chances of avoiding this is being prepared.

Businesses need to evaluate how to react to a disruption of this nature and should complete an assessment of business impact, risk and overall resilience.

Aviva’s loss prevention standard for protecting buildings from the impact of Windstorm contains helpful information for our commercial customers.

Download our Windstorm – Protection of Buildings Guide

Aviva Life & Pensions Ireland Designated Activity Company, a private company limited by shares. Registered in Ireland No. 165970. Registered office at Building 12, Cherrywood Business Park, Loughlinstown, Co Dublin. D18 W2P5. Aviva Life & Pensions Ireland Designated Activity Company, trading as Aviva Life & Pensions Ireland and Friends First, is regulated by the Central Bank of Ireland. Tel (01) 898 7950.

Aviva Insurance Ireland Designated Activity Company, trading as Aviva, is regulated by the Central Bank of Ireland. A private company limited by shares. Registered in Ireland No. 605769. Registered Office: Cherrywood Business Park, Dublin, Ireland, D18 W2P5.

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