A Technical Workshop: Managing Catastrophe Claims

/A Technical Workshop: Managing Catastrophe Claims
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Click here for the workshop flyer and registration form

Key Course Contents:

Day 1 – Catastrophe Flood Events:

  • Background and overview of flood events
  • Is flooding going to be a bigger issue in the future?
  • What are Governments and Insurers doing?
  • Types of damage and issues encountered
  • Policy interpretation and policy considerations
  • Case studies – technical / policy questions

Day 2 – Issues in Handling Flood-Related Business Interruption Claims:

  • What is business interruption and what is BI insurance designed to cover?
  • How is BI Policy structured?
  • Loss Mitigation – the insured’s obligations
  • BI Basis of Settlement
  • All Other Circumstances Clause
  • Common Contingent BI Extensions and Impact of Flooding
  • Wide area damage, denial of access
  • Basic case study with calculations
  • In depth case study with calculations   

 

 

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