flood risk assessments for business continuity

Flood Risk

Business Continuity

 

Environment Agency flood risk maps have been published showing areas which are considered to have a 1 in 100 (1%) chance of flooding. For businesses in these areas, flood risk is higher than fire risk.

80% of businesses do not survive more than 18 months after a disaster. Businesses who survived had Business Continuity Plans.


The consequences of flooding include:

  • Damage to property, stock and equipment.

  • Loss of income, staff, customers and business.

  • Properties at significant risk may be refused full insurance cover or asked to pay higher premiums.

A Business Continuity Flood Risk Assessment (FRA) report details the practical measures that could be incorporated into Business Continuity Plans to reduce risk by minimising disruption to people, property and profit. Mitigating measures, to reduce these consequences can be used to satisfy legal obligations to employees, the public and the environment.

The key benefits to businesses are:

  • Improved resilience.

  • Improved insurance cover or reduced premiums.

  • Improved risk management.

  • Safer working environment.

  • Compliance with legislation.

View Printable FRA Business Continuity Sheet

Please do not hesitate to contact us if you have any questions about our Business Continuity FRA.