Workshop - Business Interruption

This intermediate level workshop will provide delegates with a sound understanding of business interruption insurances including:

• Protecting the future earnings of the business
• Contract of Indemnity and Policy formula
• Key policy Conditions
• Material damage proviso
• Gross Profit and wages
• Rate of Gross Profit
• Profit & Loss accounts & balance sheets
• Turnover, Revenue, Fees
• A group exercise on drafting a Sum Insured
• Standard Turnover
• Special Circumstances
• Increased Costs of Working
• A group exercise after a restaurant fire
• Savings in insured expenses
• Types of classic Underinsurance
• Policy extensions
• Ways of insuring Rent
• Flexible Limit of Loss
• Advance Profits – spotting the needs
• Some BI lessons from the Courts

The workshop will be interactive and engaging, with plenty of opportunities for questions and case study based examples. Please note that delegates will be asked to undertake a small amount of pre-workshop preparation, in order to benefit fully from the session.

How to book

This Workshop is being significantly subsidised by the IIB, bringing the cost down to only £40 per person including buffet lunch. There is a minimum number of 8 participants required for the workshop to proceed.

To register your place, please email robin.giles.cii@googlemail.com with your name and CII pin number as soon as possible.

If you have any special requirements e.g. regarding diet, access, hearing etc., please let us know when booking your place.

A certificate of attendance is available, if requested at the time of booking. These will be mailed to participants after the event.

We look forward to seeing you there.

Alan Boyce, ACII President