EMPLOYERS UNPREPARED FOR E-RISK

August 7, 2000

A new survey reveals many of the nation’s largest employers are not prepared to handle e-commerce and e-communication risks. The Assurex E-Risk Survey, conducted by the Human Resource Institute of Eckerd College in Florida, involved Fortune 500 companies and national associations. The survey reveals many employers are doing a good job with basic prevention, but few have purchased e-insurance products to mitigate e-risks and reduce liability costs after e-disaster strikes. As a result, many employers can expect to spend six to seven figures recovering from e-disasters.

Topics Commercial Lines Business Insurance

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