Business Interruption
- Manufacturing and service industries
- Early involvement in the claims cycle to control the process
- Close collaboration with insurers and loss adjusters
- Informed quantification of the business impact
Business interruption is one of those loss categories where involving specialists at the earliest possible time can make a real difference to the eventual size of the settlement.
The key is to reach early agreement on the ground rules for the assessment of the claim, and then to ensure that these rules are consistently applied throughout negotiations. This may involve complex calculations based on the claimant’s business patterns and on the general state of their business sector.
Our recent work in this area includes challenging reinstatement issues following large losses at concerns across a wide range of sectors, from sawmills to recruitment agencies. We have also been approached by numerous clients on a wide range of business interruption issues arising from the bad weather experienced in 2010 – the hard winter and major flooding.
Please contact:
Richard Houseago - Partner
