Supporting the CILA Business Interruption Special Interest Group

We are delighted to support the CILA Business Interruption Special Interest Group and its Chairman, Damian Glynn with the below.

In 2012, the group conducted a survey which considered the adequacy of BI covers. The results of that survey, along with the previous two surveys, were summarized in the 2012 ‘Challenges Highlighted by Claims Experience’ report.

The level of under declaration that shows is concerning.

The group is now conducting an update of that survey, which will be run from now through to the end of the year.

Please help us support this group and find the time to not only  complete this at https://www.surveymonkey.co.uk/r/NYKGNNH, but also encourage others to do so.  The perception of loss adjusters, insurers, brokers, policyholders, accountants, loss assessors, consultants, are all needed as well as adjusters.

We will run a seminar in London next spring to unveil the results (and elsewhere if there is demand)