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Advanced Business Interruption - Webinar (EST)
Webinar
ON
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Date and Time: January 29, 2021 9:00 am - 4:00 pm EST
WEBINAR
| ENHANCING | TECHNICAL
Business
interruption insurance is often perceived as a highly technical field, both
difficult to sell and to service. As a result, it is a commodity that, although
important to all risk portfolios, is undersold. This seminar aims to put aside
the accounting and the numbers so that the insurance people in all disciplines
can get a better handle on the how to’s of business interruption. Using
case studies learners will get hands on practice determining coverage levels and
claims settlements.
Business
interruption insurance is a vital component of any business continuity plan and
requires concentrated attention because it cannot be altered after a disaster
occurs. Many aspects of BI replicate business continuity planning,
especially the business impact analysis aspects of it and requires an understanding from the
insurance professional from different aspects.
Objectives
• Four KEY Concepts that you must know to
properly write Business Income Coverage
• Major Business Income Policy
Provisions
• How to calculate Coinsurance, Period of Restoration and
Coverage Amounts
• Non-Coinsurance Options and when you should consider
them
• How to determine Extra Expense needs and options for providing
coverage
You’ll see the benefits of attending this seminar right away in your
workplace:Brokers : You will
come away with the tools to
assess various business interruption risks and to assist your customers determine
coverage needs.
Underwriters : refresh your perspective on business interruption risks to ensure effective and thorough
underwriting.
Adjusters : quickly identify potential coverage
issues and ensure accuracy and understanding of determining coverage
adequacy
Seminar Leader:
Melanie
Needham, FCIP, CRM
CE hours: 5.5
(Ontario/Alberta/Manitoba)
PLEASE NOTE:
- Prices below are for IIO Members
- Non-members and renewing members
please note that if applicable, the IIO membership
fee will be automatically added to your cart.
-No refunds, credit notes issued only with 48 hour
written notice.
-Fees noted below do not include hst.
If you have any questions or for assistance with
registration, please contact us:conestogamail@insuranceinstitute.ca