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Loss of physical assets and operational capabilities can quickly translate into lost market share, reduced revenue, and diminished shareholder value. Property loss inevitably involves uncertainty. Fires, explosions, floods, windstorms, terrorist attacks, employee sabotage, machinery breakdown, - the list of events leading to a property loss can be lengthy. Many are unpredictable. Unfortunately the consequences can be devastating to people, corporations, operations, and businesses for a long time. In this uncertain environment, loss control strategies are about staying in business, no matter what. Decisions around loss prevention and control involve understanding the impact, the business implications, and driving a process to provide the needed cost-benefit analyses.
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