Business interruption key issues: Overcoming hurdles in business interruption

Business Interruption (BI) is one of the most sought after yet elusive types of insurance for UK corporates, with buyers reporting uncertainty over what is covered and difficulties in getting claims paid. This report considers four areas of difficulty and suggests practical steps policyholders can take to increase their confidence in the effectiveness of the cover purchased.

Topics covered:
• Ensuring efficient claims settlement.
• Selecting the maximum indemnity period.
• Purchasing relevant supply chain cover.
• Determining the insured values and avoiding underinsurance.