Property-damaging disasters have a unique way of uprooting your entire life, generally with little or no forewarning. A fire could start in your home or business unexpectedly or a fast-approaching storm could roll through the neighborhood, leaving your property charred or underwater with your possessions in tatters and a slew of additional sanitary and safety concerns. When events like this happen, it can be … [Read more...]
Why You Should Discuss Disaster Recovery Before One Happens
What is Document Recovery Anyway?
Documents...they are part of our every-day life. Like it or not, we deal with documents constantly. In fact, many businesses are required by law to retain certain documents. If you are a business owner or in charge of document retention for your company or organization, it is important to have a recovery plan in place. What will you do if your documents are damaged? What you are able to discard and when depends on … [Read more...]
The Evolution of an Industry: How Property Insurance Has Changed Through The Years
Disasters and property insurance go hand and hand. We know disasters are nothing new, but did you know property insurance is not either? The property insurance industry has been around for centuries but continues to evolve as we enter the modern landscape of coverage. What is Insurance? First, let's take a look at what insurance actually IS. Insurance helps address the reality of risk. The risk is unavoidable in … [Read more...]
Winter Is Coming
Winter is coming to my friends, ok it is already here. The United States has seen all kinds of extreme weather over the past few months. The weather conversation for the winter of 2015-2016 was dominated by the term El Niño. But what the heck is El Niño anyway? According to the National Oceanic and Atmospheric Administration, or NOAA, El Niño is defined as follows: "The term El Niño refers to the large-scale … [Read more...]
New Orleans, A Look Back
If you follow us on social media, you may have seen that our company exhibited at the RIMS Conference this past spring. RIMS is a Society for Risk Managers that has a large conference every year that travels around the country. As you can imagine, Risk Managers rely on companies like ours to provide service on a daily basis and for major disasters. Most major companies have some sort of risk management department, … [Read more...]
Epic Flooding. How Much Is Too Much?
Texas and Oklahoma residents have been praying for rain after several years of drought causing some towns to take drastic measures. This past May, everything changed, with many areas reporting more than 200 percent of their normal precipitation in just 60 days. That large amount of rain does not come without consequences. As homes and businesses throughout the region began flooding, our teams sprung into action. … [Read more...]
Storm Notes
Area-wide disasters happen all the time across the United States. At BMS CAT, we know how important it is to our customers that we are available to respond immediately to meet their needs during these events. But what does it mean when we say, We've mobilized? Our mobilization process starts way before the storm begins. Each year, our catastrophe team gets together to review our customer's needs and expectations. … [Read more...]