Commercial Property and Business Interruption Insurance – Business Interruption
Learning Outcomes:
Upon completion of this course, students will be able to:
- Describe the main aspects of Business Interruption insurance and the protection provided
- List the most commonly encountered issues
- Describe how sums insured and maximum indemnity periods should be established
- Have a sound understanding of the various types/bases of cover available
- Explain more advanced applications of how the cover works
- Outline the key underwriting and claims considerations relating to Business Interruption insurance
Course Outline:
The course content will cover the following topics:
- Practical applications including the different types of Business interruption cover available and considerations of which cover is most suitable for each case
- Business interruption Insurance policy cover and typical extensions available and restrictions which might be applicable in different circumstances
- Policy terms, conditions and exclusions
- Key Business Interruption underwriting considerations
- Key claims considerations and the principles of Claims Handling for Business Interruption Insurance
- Typical Methods of Investigation used in Business Interruption Insurance Claims Handling
Presenter: Neil Park, FCII
Neil is an experienced trainer and consultant currently working in the insurance industry in the United Kingdom and internationally. He delivers workshops in technical insurance (including property, business interruption, liability, professional indemnity, directors’ and officers’ liability and cyber risk), as well as in risk management, insurance broking and sales and negotiation skills. He is a Fellow of the Chartered Insurance Institute as well as having an MA in Economics from the University of Cambridge and an MBA.
Important Note: This webinar will be delivered via Zoom Cloud Meeting and you will require to have a computer either desktop or laptop, Windows/Mac, or a tablet with camera, microphone and speaker for joining the session and a stable internet connection.