The following is information provided by the Calgary Chamber of Commerce to assist businesses across Canada with disaster preparedness and insurance literacy.
North American studies estimate that 43% of businesses impacted by a natural disaster do not reopen.
In 2013, Southern Alberta experienced extreme flooding, including in downtown Calgary. As a Chamber, we knew that our business community was at severe risk of significant negative impact if they were not up and running again as soon as possible.
In partnership with the Calgary Emergency Management Agency, we worked to power our business community through an efficient and effective recovery by creating a network of support. The result was that more than 99% of Calgary`s businesses impacted by the floods reopened successfully.
Learning from our experiences from the 2013 Southern Alberta floods, the Calgary Chamber has worked with the Insurance Bureau of Canada to build a free diagnostic survey tool that will educate businesses across the country on disaster preparedness and insurance literacy.
Any business across Canada can visit IBC.DiagnosticRocket.com and utilize the free diagnostic. By taking the survey, businesses will receive personalized recommendations they can implement to help become more prepared for disaster.