After Thai floods, companies reconsider risk

A shortage of hard drive disks in Thailand after the devastating floods that put Bangkok under water in October has started to show up as heavy costs for some technology companies, reports Forbes. Technology manufacturers may be thinking more aggressively about ways to hedge what insurance providers refer to as 'pure risk,' or risk that in which a loss is the only possible outcome.

A focus on some questions that commercial insurers ask to their clients may bring a new focus to a company's resiliency to disasters. Chris Johnson, vice president of the private property insurer FM Global, shares some of his regular questions such as: "Does the organization examine how it can mitigate risk?"