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So You Want To Go After CAT Losses??

So You Want To Go After CAT Losses??


Just about each and every year several islands in the Caribbean Sea, Jamaica, Cuba, Cayman Islands, the Bahamas and the east coast of the United States stands a good chance of finding themselves in the path of a large catastrophe loss we call a hurricane.

And just in the last few days Hurricane Mathew wreaked havoc on several small islands and is currently pounding the several States that line the Atlantic as I type this.

There is a huge draw for cleaners, restorers and construction companies to drop what they are doing, pack up equipment and crew to head into the promised land of prosperity and tons of jobs. Jobs that will pay good companies very well to help in such a time of need.

And for those companies that are prepared and experienced in this type of work they can easily make a years worth of income in a short period of time.

But for those that are new or inexperienced in the logistics and nuances of Catastrophe (CAT) Loss work it can be a recipe for disaster.

In my latest video for my “Ask Annissa” weekly column, I talk about some of the important things you need to think about before tackling a CAT loss like Hurricane Mathew.

Check it out and let me know your thoughts…