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Recent Events
Low-Cost Preparedness Efforts Significantly Mitigate Loss: An InterCEP Case Study
October 9, 2006 6:13 PM
InterCEP is currently investigating the value of preparedness for private-sector organizations. One significant research focus area is the connection between preparedness and insurance benefits (including capacity, policy terms, pricing, etc.). The data presented here has been provided to InterCEP by FM Global, a leading commercial and industrial property insurance company. This mini-case story indicates that relatively inexpensive investments in preparedness can pay huge dividends by mitigating the risk of property loss due to extreme events such as hurricanes.