Business Interruption Insurance Claims
One of the consequential and knock-on effects of an incident such as a fire, flood or theft, that the insured business is claiming for business interruption to recover any incurred loss of gross profit as well as any necessary increased costs to achieve the core of the insured’s business goals.
We will study the sufficiency of the policy’s indemnity period in comparison with the actual period of the business to get fully operational after the incident. Mitigation of losses by studying the adequacy of the period/sum insured or may be the claimant is under-insurance and out of full/any coverage.
Our team will evaluate, through experienced forensic accountants, the incurred business interruption losses, based on the anticipated performance of the business over the period of the claim taking into consideration the turnover the insured achieved in previous years and also the forecasts of what the insured would have achieved in the future.
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