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Business interruption insurance: Business continuity plans

Business interruption insurance: business continuity plans You’ve learned about the importance of identifying risks and income streams. Now, we turn our attention to business continuity plans. Why do you need a business continuity plan? Developing a business continuity plan is a practical way of getting your business up and running and staying operational, in the […]

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Business interruption insurance: Risk and insurance advice

Business interruption insurance: risk and insurance advice In the previous article, we explored business continuity plans and how they can be used to identify risks and determine income streams. In this article, we unpack risk and insurance advice and how they can be used in managing risk. What is risk advice? Risk advice Risk advice […]

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Business interruption insurance: Key elements of BI insurance

Business interruption insurance: Key elements of BI insurance In the previous article, we unpacked risk advice and insurance cover and how they can be used in managing risk. In the fifth blog in this series, we focus on the key elements of business interruption insurance, namely calculating your indemnity period and gross profit. Indemnity period […]

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Business interruption insurance: Where it could go wrong

Business interruption insurance: where it could go wrong It’s easy to fall into the false sense of security that by simply having BI cover, your business will recover if an insured event should occur. But if the proper processes are not followed or you are not adequately covered, things could go wrong very quickly. Let’s […]

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Business interruption insurance: The role of the advisor

Business interruption insurance: the role of the advisor In the seventh and final blog in the BI series, we focus on the role of the risk advisor in understanding your business’s circumstances, identifying BI risks and providing you with a range of possible solutions to address these risks. Over this series of articles, we have […]