The insurance brokerage and risk management consultancy Marsh warned that many London businesses could be under-prepared for a terrorist attack. In a recent survey the firm questioned delegates from medium-sized to large companies located in the Greater London Area, who were attending a conference on the threat of terrorism.

In the survey, one-third of the delegates from medium-sized to large companies did not have emergency response, crisis management and business recovery plan integrated within their business continuity management framework, or risk management strategy. “We urge all London businesses to review their BCM plans and processes to ensure they are equipped to respond to a terrorist incident,” says Antony Ketteridge, a business risk consultant at Marsh.

Cars and other transportation equipment used in transporting supplies or products or visiting customers is not covered by the Business Owner’s Policy. A separate policy for automobile insurance will protect you from accidents that may occur while you’re on business. Likewise, A BOP doesn’t include workers compensation, health or disability insurance.

Are things starting to look up? As corporate giant AIG continues to get back on it’s feet, it’s latest plan to consolidate its insurance arm under a separate international subsidiary has been met with a general consensus of approval.

American International Group Inc.’s decision last week to spin off its property/casualty operations into a separate holding company was welcomed by several risk managers, as part of a major restructuring effort, AIG said last week it would create AIU Holdings Inc. “Pulling the insurance out of AIG parent and (putting it) under one, worldwide insurance company banner is one of the smartest things that could be done,” said Lance J. Ewing, VP-risk management at Harrah’s Entertainment Inc. in Memphis, Tenn., who is also a member of AIG’s client advisory board.

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While AIG is still far from being considered out of the woods just yet, this new measure might just help the corporate giant get back on it’s feet, albeit a little slowly. But with many still pinning their hopes on the company, slow and steady is much better than to get too hasty only to crash and burn in the end. They should know better now than to do that.