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How EY can help
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EY Insurance & Federal Claims Services teams help clients with disaster assistance through federal disaster recovery grants and insurance claims services.
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Key challenges for local governments and private-not for profits:
- Staffing and training: Staffing shortages and turnover of personnel involved in emergency response and grants management pose unique challenges for organizations. It is important to fill vacant positions and train team members in order to adequately prepare and respond effectively during an event.
- Emergency planning and contacts: It is critical for emergency response and continuity plans to be up to date and accurate. Regular updates and coordination assist with clarifying roles and responsibilities for when a crisis occurs. Similarly, active communication with federal, state, and local stakeholders supports alignment on expectations and processes.
- Asset protection and documentation: Establishing a pre-disaster baseline and inventory listing for applicant-owned assets is significant to maximize recovery. Subrecipients are required to show the pre-disaster condition and ownership records to submit damages for project formulation and reimbursement.
- Documenting response and recovery efforts: Significant documentation is required to obtain reimbursement for disaster related costs, whether through federal programs or insurance. Having efficient processes in place prior to disasters to record damages and document response and recovery activity and costs can help significantly expedited funding.
- Risk assessments: Regular inspections and risk assessments of infrastructure help identify vulnerabilities and areas needing improvement. This anticipatory approach confirms that organizations are prepared to respond effectively to potential disasters.
- Procurement and contracting: Proactively reviewing procurement compliance and engaging standby contractors is essential for an effective response to emergencies. Procurement compliance mitigates risk related to legal and regulatory standards while standby contractors can provide immediate resources and services at a reasonable cost, minimizing disruption, and enhancing public safety.
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