Get Accurate Advice for Your Business Interruption Insurance
Having the right business interruption insurance is vital to protecting your business’s cash flow and balance sheet following damage from an insured event.
Business insurance policies can be complex and confusing. The work required to calculate declared values and limits of liability can be onerous.
Our experts will critically assess your business insurance program and coverage and prepare tailored comprehensive calculations to enable you to make informed choices on the cover you select for your insurable business risks.
Ensure Your Business Interruption Claims are Done Correctly
When preparing a business interruption claim, there are three key elements that need to be addressed in your claim submission:
- A thorough understanding of the terms of your insurance policy and the event causing damage giving rise to your claim for loss
- Quantifying the loss in accordance with the policy basis of settlement with appropriate loss quantification methodologies
- Presenting supporting evidence and the financial information of the business to the insurer in an appropriate format.
Our forensic accountants can assist you with preparing claims for property damage and business interruption to ensure you obtain full indemnity under your insurance policies. For complex matters, we are able to prepare timely and comprehensive interim claims to achieve regular progress payments to maintain cash flow.
Talk to Our Experienced Accountants for all Business Interruption Questions
We understand the complexity of these matters and our goal is to simplify the process for our client’s peace of mind. Talk to our experienced professionals today by getting in touch with Quantum Forensic.