Development of parametric Business Interruption solutions – dealing with coverage gaps

This session looks at some of the new BI solutions being developed by parametric insurers.

The below will be covered during the webinar

• Limitations of current BI cover
  • Material damage proviso
  • Limitations on intangible damage cover
  • Proof of loss
• Parametric BI covers available and in development
  • Limitations
• Comparison of covers

Over the session attendees will

• Be aware of the current coverage gaps found in BI insurance
• Be able to identify how new parametric cover options may deal with some coverage gaps
• Be able to compare parametric and conventional cover

About Nick Thomas & Associates

Nick Thomas & Associates provides up to the minute training solutions addressing the challenges of the modern insurance professional, across sales, communication, and soft skills; technical insurance; customer service; management and leadership; performance, resilience, and health. Nick Thomas delivers all sales, communication, and soft skills sessions, partnering with selected subject matter specialists in the other delivery categories. Associates are selected for their strong industry background and credibility, allied to first class training skills. All training programmes are designed specifically to align to client needs and delivery overseen by Nick Thomas. Nick Thomas & Associates received acclaim for training and webinar series providing solutions to the challenges of remote working and virtual trading. Our clients include major insurers and independent brokers, a major global Insurer ‘broker proposition’, broker network groups, insurance recruitment consultants and over forty local insurance institutes at the time of writing