Risk Management Corner: When Disaster Strikes Your Electrical Systems

Electricity is vital to our world and businesses, and our reliance on electrical systems creates a risk. Could you continue operating your business without electricity? Power outages in Texas due to cold weather earlier this year show us that natural disasters can strike anywhere, and at any time – and often have ramifications to critical infrastructure, such as power grids and gas lines. 

The many types of electrical equipment, and how often they are used, are things we often take for granted when they work as intended. Your business may rely on one or more of the following:

• Computer, phone, and other sensitive electronic systems
• Machinery, pumps, power tools
• Refrigeration systems
• Heating and air conditioning
• Overhead and display lighting
• Security doors or alarm systems

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