Business “disasters” can take many forms: a product recall, a product liability claim, a cyberattack, a phishing scam, a pandemic that shuts down your business, a professional negligence claim, or a shareholder lawsuit. Preparing for these risks often involves more than simply purchasing insurance. Increasingly, companies are turning to insurance claims simulations to better understand how their coverage may respond to different real-world scenarios and to ensure they are adequately protected before a crisis occurs.