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An Anatomy of Business Interruption
Tuesday 28 May 2019
Event: 09.30 - 11.00
Venue: Old Library, Lloyd's, London EC3M 7DQ
Underwriting & claims staff with an interest in engineering, energy & property insurance/reinsurance, legal & wordings specialists and in-house counsel.
Delivered by US and English lawyers and a forensic accountant the presentation will introduce, and give an overview of, key aspects of Business Interruption (BI).
Reprising some of the core material from the LMA’s 2017 BI ‘Anatomy’ session, this masterclass will establish the central BI concepts and lay the foundations for other BI sessions we will run this year.
Topics covered will include:
- what business interruption insurance covers
- how it is triggered
- what gross profit is
- key BI clauses
- additional cover
- contentious issues.
This session is intended for underwriting, claims and wordings staff of all levels of experience.
This masterclass qualifies for 1.5 CII CPD hours.