WEBINAR – Coffee & BI

Join our very own life Vice President, Mike Farrer, with 46 years in the insurance profession and chartered loss adjuster since 1985, for a Coffee from the comfort of your own home while he takes you through a business interruption claim example and discusses the fundamentals of BI claims.

Learning objectives:

By the end of this webinar attendees will have gained an insight into:

• The basics of BI policy wording
• How to get the necessary information from accounts held by the policyholder.
• How to calculate a simple B I loss
• How to set an adequate Sum Insured

Who should attend:

Anyone interested in the fundamentals of business interruption in relation to appropriate cover and common claims scenarios. This will be a foundational level discussion so would be less appropriate for experienced property/BI claims professionals.

Speaker Profile: Mike Farrer

After joining the Orion insurance co in 1868 as a motor underwriter, a change came in 1971 when Mike joined Cornhill as a claims handler, and then went on in 1976 to become a Loss Adjuster. He dealt with all sorts of claims, and handled a scheme of Fish and Chip shop insurances. Fires were common, with associated B I losses, which came to be relatively simple. After a spell as a Fraud Investigator, there was finally an 18 month time in a call center, not taking phone calls, but instead he was the guru in the corner with all the answers! Now retired, his days are spent flying a small aeroplane, Working on Council education committee, and helping to improve literacy skills for migrants and those who missed out on reading while at school

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