Business Interruption Workshop (FULLY BOOKED)

This workshop is a joint event from the insurance institutes of Bradford and Leeds:

Industry Expert: Damian Glynn BA (Hons), FCA, FCILA, FUEDI - ELAE, FIFAA, Head of Financial Risk, VRS VeriClaim UK
Time: Registration 9am, lecture 9.30am - 12.00pm

Cost: Free, including tea and coffee and a light breakfast

Who Should Attend? Anyone involved in selling Business Interruption cover and managing Business Interruption claims.

The workshop will cover the following areas:
- key parts of the BI operative clause
- meaning and scope of Damage, and the operation of the material damage proviso
- examples of consequential losses that are not covered
- key aspects of the Maximum Indemnity period (and why 12 months is insufficient)
- calculation of Gross profit for Insurance policies and key pitafalls
- operation of ICW cover, and common misunderstandings
- discussion of common BI extensions

Learning Objectives
By the end of this workshop, delegates will be able to describe:
- BI wordings
- arranging BI cover with policyholders

Speaker Biography
Damian Glynn, BA (Hons), FCA, FCILA, FUEDI-ELAE, FIFAA, Head of Financial Risks, vrs Vericlaim UK. Damian specialises in business interruption, fidelity guarantee, professional indemnity and other financial loss claims in the public and private sector, including world heritage sites, since 1993. He has particular expertise in the manufacturing sector and is a published author on BI issues. A past examiner for CILA business interruption exams, Damian is also chairman of the CILA Business Interruption Specialist Interest Group, and co chairman of the report issued jointly by IIL, CII, and CILA dealing with BI wording challenges highlighted by claims – the pdf version of this has now received over 150,000 hits. He has appeared in court as an expert witness both in his capacity as a Chartered Accountant, and as a Chartered Loss Adjuster.

Booking Terms
Registrations followed by non-attendance will incurr a charge of £30.00, unless 4 working days notice is given by email to leedsinstitute@cii.co.uk you will receive confirmation of your cancellation. You may nominate a replacement if you are unable to attend. By proceeding with the registration you agree to these terms and conditions.