Businesses Not Confident About Disaster Recovery

Chubb uncovered that nearly 42% of Americans are not confident that U.S. businesses would be able to recover from a disaster similar to the recent Japanese catastrophe.

Additionally, nearly 30% of the survey respondents don't believe their employers have a crisis contingency plan, and 10% don't know if their employers have one.

"Employers have reason to be concerned if they don't have a crisis contingency plan—or if they have one and their employees don't know it," says Barry Tarnef, assistant VP and senior loss control specialist for Chubb. "Those plans should not only consider their own operations, but also those of their suppliers, many of which are now overseas. Companies need to ask: How will the shutdown of even a single supplier disrupt our business both near and long-term?"

The survey, which polled 1,000 Americans last month, was conducted by independent public opinion and market research firm Opinion Research Corp.

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