Business Interruption Review
Analysing your business interruption insurance against your risk exposures is a rewarding exercise, that:
- enhances corporate governance and risk management processes,
- enables you to establish the adequacy of your cover, identifying major uninsured risk exposure
- helps secure the best deal from the market and refine your strategic risk management
- assists with easing claims settlements
Our extensive claims experience allows us unrivalled understanding of how losses arise, the resultant business impact and the ensuing costs that occur. Matched with substantial commercial and supply chain risk management experience, this enables us to identify the scale and location of your insurable risk exposures, pinpointing where you are vulnerable and highlighting interdependencies in your operations.
These claims models are then used to stress test your insurance policy. This audit of your insurance cover looks at the policy wording, declared values, indemnity periods, deductibles and the current premium.
The comprehensive report we provide highlights any serious cover flaws and recommends how your insurance can be improved. The detailed information we produce strengthens underwriting information helping to put you in a stronger negotiating position.
Please contact us to see how a BI Review can respond to your business needs.
