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Emergency Management And Insurance
Toward A Collaborative Approach
by Neil R. Britton and Gerard J. Clark
New Zealand commenced major reform of its emergency management framework in the mid-1990s. The modifications are designed to transfer the nation's overtly response-focused counter-disaster approach into a system grounded within a more expansive risk-based sustainable hazard management framework. The reform that is taking place calls for a refocusing of attention and action onto the management of risk and the options available for reducing or managing different levels of potential impact. It also necessitates attention being paid to understanding economic activities rather than focusing primarily on economic assets. The principles which underline the new emergency management framework are well-known to the insurance industry and the financial sector as a whole. However, the links between emergency management and insurance has not been the subject of systematic attention during the recent reforms; and hence the full potential offered by the two sectors has yet to be fully explored.
The full paper has been published in Adobe Acrobat format. If you already have Adobe Acrobat installed, click here to view the paper. (98Kb)
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