Advanced Business Interruption - Webinar (EST)

Webinar

ON [Map]
Date and Time: June 13, 2022 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:
- Fees noted below do not include hst.
- Sorry, no refunds. Credit notes issued only with 48 hour written notice
- In accordance with Provincial regulator's guidelines, in order to be eligible for CE hours, you must be logged in with for the entire duration of the session. Partial hours cannot be issued.
- FOR GROUP RATES OF 3 OR MORE, or If you need assistance with registration, email gtaevents@insuranceinstitute.ca .

LINK TO WEBINAR
24 hours prior to the webinar, all registrants will receive an e-mail providing the direct link to the Webinar. This link is unique to you and is tied to your name. It cannot be shared or transferred to others. This personalized link must be used when you log in to the webinar so that your attendance can be tracked. We cannot credit CE hours if you are using a link that is not assigned to you, or if you do not attend for the full duration of the webinar.  

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