Business Services Industry

Risk managers respond ; Crisis triggers backup plans.(World Trade Center terrorist attacks)

Business Insurance, September, 2001 by Bradford, Michael

Employers affected by the terrorist attack on the World Trade Center are operating under crisis management plans as they account for employees and struggle to get their operations back on track. In the days following the Sept. 11 crash of two commercial airliners into the trade center towers, many businesses that were tenants in the complex have shifted operations that were handled there to other existing facilities.

Among those businesses are numerous insurers, reinsurers and brokerages. SCOR U.S. Corp., which had 120 employees on the 23rd and 24th floors of the South Tower-the area known as 2 World Trade Center-said it immediately concentrated on the evacuation of its workers following the attack, according to a written statement from the company. Staffers...

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