Webinar: A plain English explanation of how to answer the most common question of the moment: 'does my Bi policy cover Covid-19?'
Slides available to download:
Alan Chandler, who is well known to our members having delivered a number of well received presentations, will be presenting a thirty minute simple to understand presentation on what so many policyholders are asking, which is 'does my Business interruption policy cover Covid -19 ?'.
The UK government said that by declaring Covid-19 a notifiable disease it would trigger Business interruption policies so that they will cover any losses - we will explore whether this statement is correct.
It is essential that brokers, underwriters and claims staff alike have a full understanding of what the correct commercial insurance position is on the virus that is disrupting all our lives. It is not just policyholders who are asking this question, we all know friends and family who run small businesses and they will be asking anyone who works in insurance what the position is and why. This presentation will give you the answers.
Alan will explore briefly the background of Business interruption cover in the UK and focus specifically on the Bi extensions that may or may not cover Covid-19. It will be done in Alan's plain English style so that you can go away and feel confident in talking about how Bi cover responds to the biggest issue of the day.
The presentation will be in a webinar format where delegates will be able to type in their questions for Alan as they go. The actual presentation will last for no more than thirty minutes and for those that want to debate this issue in more depth there will be a further thirty minute Q&A. Please book online, once registered you will be sent a link, click on this and at the allotted time Alan will start speaking and you will see his slides, you can type in questions you have after the presentation. You can view it from anywhere so it will not matter if you are working from home or office.
We have two time slots available at 13:15 and 14:30 with limited numbers. Please book online below the time you require. If you are unable to attend, please cancel at your earliest convenience to allow someone else to book.
Learning Objectives
Delegates will be able to:
• Understand the background to disease cover under Commercial Business Interruption policies
• Understand the various Bi extensions that may or may not relate to Covid-19
• Explain to policyholders whether their policy does or does not cover Bi losses relating to Covid-19
Speaker Biography
Alan has undertaken operational management roles in three major global companies - NatWest Insurance Services, RBS Insurance Group and Allianz Insurance. He has run underwriting, broking and claims functions. Ten years ago he set up his own training company, something that he had always longed to do as he is passionate about training. Since then he has trained well over a thousand people to become ACII qualified including six individuals who have achieved the best ACII completion in the whole of the United Kingdom.
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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.