Introduction to Business Interruption Insurance - Webinar (PT)

Webinar

Insurance Institute of BC, BC [Map]
Date and Time: October 21, 2020 1:00pm - 3:00pm PT

WEBINAR | BUILDING | TECHNICAL 

Do the words Business Interruption Insurance cause you to shiver? This important type of insurance 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.

WEBINAR OBJECTIVES

  • Understand business income, profits, earnings, and co-insurance
  • Identify warning signs
  • Read 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

    AUDIENCE | This 2-hour interactive webinar is for adjusters, brokers and underwriters to gain a better understanding of the calculation and application of business interruption wordings and various forms.

    WEBINAR PRESENTERS ~ from Williams & Partners Investigative Accountants Inc.
    The Williams & Partners team consists of professionals with experience in all facets of investigative and forensic accounting. Many of their clients are in the insurance industry including insurance companies, independent insurance adjusters, law firms, corporations, municipalities, and business owners.
    Damian Alksnis, CPA, CMA, CFF,  Partner
    Bichtar Mahal, BBA, CPA, CA, CIP, Partner

    Webinar Log-in: Please ensure the email address in your profile is current.  Connection testing and login details will be emailed prior to the webinar.  Please check the email to test your connection to the webinar platform.

    Number of Continuing Education Credits: 2 Technical CE Credit (BC)
    Please be aware that tardy log-in or early log-out to/from the webinar 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.

    Registration Deadline: Tuesday, October 20, 2020

    Fees: Include GST. Insurance Institute membership required

    $69 IIBC Member
    +$85 New Member (includes membership exp May 31, 2021)

    Corporate Rate: $60 per attendee for groups of 6 or more (membership is additional for new members).  To register with a corporate rate, please contact Winnie at whon@insuranceinstitute.ca .

    Cancellation Policy:   Participant substitutions accepted up to 24 hours prior to webinar (substitute must be current member). IIBC reserves the right to cancel the webinar due to unforeseen circumstances.

    Best Practices for Virtual Sessions:
    Please be advised that your image and voice may be captured and recorded during this virtual session for review purposes. Your participation in this virtual session is considered consent to be recorded as required by law.
    It is highly recommended that you follow our suggested best practices when participating in any virtual session.
    We have taken every precaution to keep you and your information safe. Here is what we are doing to protect all of our stakeholders.

    QUESTIONS?
    Winnie Hon, CIP, Seminars & Events Specialist
    Insurance Institute of BC
    E: whon@insuranceinstitute.ca
    T: 604.681.5491 x21 

    PRICES BELOW ARE BEFORE TAX.
    New members: IIBC Membership Fee of $85 (expiring May 31, 2021) is applicable.  For assistance to renew or process a new membership, please contact iibcmail@insuranceinstitute.ca or 604 681 5491.