Confusion, Frustration Common To BI Claims Can Be Lessened: RIMS Survey

Quantifying business interruption losses continues to be a big challenge, reported by almost six in 10 RIMS members taking part in a recent survey, but a well-conceived approach by risk managers can help to clear any hurdles. “By taking control of their data, establishing a team and developing plausible BI figures before losses occur, risk managers can do much to lessen the confusion and frustration common to these claims process,” suggests the RIMS Business Interruption Survey 2017, announced Tuesday during the RIMS 2017 Annual Conference and Exhibition.