How to advise correctly on Business Interruption extensions and advanced loss of profit

Online
Monday, 19 June 2023
12:00 pm – 1:00 pm (UK time)
    • Alan Chandler

>> Event Overview

This presentation, delivered by Alan Chandler, looks specifically at BI extensions, the purpose of each one of them and how in each case an incident could give rise to a claim.

Many in the industry have an incorrect view of extensions, for example many discuss utilities extension cover with clients when they really mean terminal ends, so give a wrong impression of the coverage their policy is actually providing.

This webinar will be highly beneficial for Brokers and Insurers alike.

>> Learning Objectives

By attending you will be able to understand:

  • Customer and suppliers BI extensions and why insurers should try and do more on the overseas extension side
  • Denial of access extensions
  • Disease, food poisoning, murder etc extension
  • Loss of attraction extension and how this differs from denial of access
  • Utilities and terminal ends and how these differ
  • Advanced loss of profits and why this is so under sold
  • Many other of the BI extensions offered in the market place and when they are appropriate for a risk

>> Speaker Biography

Alan Chandler is widely regarded as one of the most popular and respected insurance presenters in the world. He has taken thousands of people through to Acii qualification including many national prize winners, as well as delivering a vast array of technical presentations on Commercial and Personal lines insurances. Alan has raised the pass rates in Cii exams where he is involved from under 40% to 99% demonstrating why he is so well regarded.

Venue
  • Online

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CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

1 hour's CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.