A recent spate of fires at companies in Lincolnshire has prompted one firm to emphasise the importance of contingency planning - which could include business insurance as a key element.
Steve Bilton of Lincoln-based TBSL noted that a major fire at a factory in Skellingthorpe saw eight fire crews called out to tackle it last month.
This type of event can happen at any time - which is why companies may see fit to take out business insurance and implement a disaster recovery plan in case the worst happens.
Mr Bilton said that an unexpected fire or flood can shut down day-to-day operations if a contingency plan is not in place.
"It is essential for businesses to plan thoroughly to protect their livelihood and that of their employees," he commented.
Taking out business insurance can be one way of ensuring that if a major disaster does strike, the company can at least recoup the cost of repairing any damage caused and account for lost revenue.
One example of a company losing business as a result of a fire is a recent incident at the Premier Inn hotel in Brackley Hatch near Silverstone.
The hotel partially reopened last week after the fire caused dozens of guests to be transferred to other accommodation in early July and the establishment to be closed for over a month, the Northampton Chronicle reported.
