The threats may be changing, but the result stays the same — Business Interruption is one of the top risks for companies year after year. To no surprise, the impact of Business Interruption can be hard to measure and have a tremendous effect on a company’s revenue. Whether the threat is through Cyber Incidents, Fire/Explosion, Natural Catastrophes, Supplier Failure, or Machinery Breakdown, Business Interruption coverage is a challenging coverage to write and adjust. To add to the complexity, today’s political and business landscape can cause abrupt regulatory or licensing changes, adding an additional layer of uncertainty.
Unfortunately, there’s no crystal ball when it comes to dealing with an increasing number of disruptive scenarios, but there are steps you can take to better plan for and manage the loss of business interruption claims.
Join Holmes Murphy and Michael Skweres for a two- part webinar series that will walk through the pre- and post-loss of Business Interruption risk. During Part 1, attendees will learn about effective insurance planning, including loss measurement criteria, exposure analysis and values, policy considerations, and common coverage disputes. Part 2 will cover the management of the claims process, including claims adjustment players, how and what to communicate internally and externally, critical early decisions, causes and solutions of potential conflicts, and claims negotiations and settlements.
ABOUT HOLMES MURPHY'S 2018 UNDERSTANDING ART MONTHLY WEBINAR SERIES
Just like our dog in pink rain boots, we want you to be fully prepared for whatever risk mud puddles may come your way. Our approach to helping clients is based on understanding your company’s culture, business, and vision.
The method we take to understand your risk management needs and insurance exposures is our Understanding ART Sales and Service model. That’s why during each month in 2018, our Property Casualty experts will highlight an important topic that focuses on mitigating risk that will provide insight and guidance on the specific steps you can take to improve each area of Avoid, Reduce, and Transfer.
For more information about upcoming topics, webinar recordings, or supporting materials, please contact [email protected] or your local Holmes Murphy representative.