Nearly everyone in the industrial countries has a life insurance. Even though strictly speaking, it is not one’s own life that is insured, but rather the lives of those surviving, the idea is very similar to that of recovery. The private life insurance is taken out to fulfill duties within the family out of a sense of moral obligation.

Managers and executives opt for recovery not only for legal reasons, but also out of a sense of corporate moral obligation: they want to guarantee the continuance and survival of the company even when there is a data and communication failure – i.e. a failure at the most sensitive point.

Disaster recovery is a life insurance for companies. Contrary to private life insurances, it is not sufficient to just provide money. Recovery und business continuity have another primary goal: they ensure that work can continue with reasonable effort, enabling the company to survive without taking major damage which no insurance would be able to cover.

(more)