Introduction to Business Interruption Insurance (Kamloops, BC)
#Educational
#Educational
Business Interruption is an important type of insurance that can be perceived as highly technical requiring years of study and many questions tend to be left unanswered. Through the use of simple numerical examples, this seminar will provide you the tools and confidence you need to understand the concepts and methodology relating to a business interruption loss. SEMINAR OBJECTIVES • Understand business income, profits, earnings, and co-insurance • Identify warning signs • Review income statements and obtain the additional information required • Determine loss of sales and calculate profits/earnings as defined • Discuss increase in cost of working and saved expenses • Determine variable and fixed costs and their impact • Discuss ordinary payroll options and payroll coverage issues • Calculate a loss FEES (membership required) $135 IIBC Member - includes refreshments $120 Corporate Rate (groups of 4+) Contact Donna to register groups: dsalahor@insuranceinstitute.ca +$95.00 Insurance Institute membership for New Members (membership exp May 31, 2027 ) CONTINUING EDUCATION CREDITS: 3 Technical CE Credit (BC) Please be aware that tardy arrival or early departure to/from the presentation will preclude IIBC from issuing a CE certificate for this education session. * If you require CE credits for licensing renewal requirements in provinces other than BC, please check with you provincial licensing regulator for validity. Cancellation Policy: No refunds. Participant substitutions accepted up to 24 hours prior to webinar (substitute must be current member). IIBC reserves the right to canAcel the webinar due to unforeseen circumstances. ACCOMMODATIONS Travelling to attend? Room block available until Oct 18. Booking details: Call (250) 376-8288 and reference "THE INSURANCE INSTITUTE OF BRITISH COLUMBIA". Rate: $129 + tax QUESTIONS? Winnie Hon, CIP , Manager Insurance Institute of BC E: whon@insuranceinstitute.ca T: 604.678.5747
Whether you’re looking to grow your technical knowledge or catch up on the latest trends and emerging issues, our seminars and webinars are packed with practical and relevant information. Designed and delivered by industry experts and leaders, you’ll come away with new ideas and insights and the practical knowledge you need to put them into action.
Bichtar has over 30 years of accounting experience and specializes in the quantification of commercial losses relating to Business Interruption, Soft Costs, Delay in Start-up, Property Damage and Stock claims for both insurance and litigation purposes. He has participated in appraisals under the Insurance Act and has provided testimony as an expert witness in mediation proceedings. Bichtar is a Partner at Williams Meaden & Moore Inc. He is a Chartered Professional Accountant, holds a Bachelor of Business Administration degree and has a Chartered Insurance Professional designation.
Mark has spent his career specializing in economic damage quantification. He has significant experience in loss measurement relating to insurance losses and litigation support since 2000 and extensive experience analyzing insurance losses across Canada and throughout the USA.
675 Tranquille Rd
Kamloops BC
V2B 3J1
Canada