Business Interruption Workshop – Advanced level

Damian Glynn

Head of Financial Risk

VRS VeriClaim Ltd

• 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 pitfalls

• Operation of ICW cover, and common misunderstandings

• Discussion of common BI extensions

Attendees will gain an overview of BI wordings and at the end of the session will be more confident discussing/arranging BI cover with policyholders.

The Nottingham Insurance Institute charges for non-attendance at all CPD events.

If you do find that you are unable to attend, we ask that you give us at least 4 working days notice that you are no longer able to attend.

Please note, if you fail to let us know before this deadline, we will need to charge a £30.00 (inc. VAT) non-attendance fee to cover the cost of catering, booking arrangements and denial of your place to other members.

All cancellations must be received by email and you will receive confirmation of your cancellation. You may also nominate a replacement if you are unable to attend.

By proceeding with the registration you agree to these terms and conditions.

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