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EFFECTIVE INSURANCE PLANNING & CLAIMS MANAGEMENT FOR BUSINESS INTERRUPTION PART 2: POST-LOSS — MANAGING THE CLAIMS PROCESS

SHARESHARESHARE

The threats may be changing, but the result stays the same — Business Interruption is one of the top risks for companies year after year. To no surprise, the impact of Business Interruption can be hard to measure and have a tremendous effect on a company’s revenue. Whether the threat is through Cyber Incidents, Fire/Explosion, Natural Catastrophes, Supplier Failure, or Machinery Breakdown, Business Interruption coverage is a challenging coverage to write and adjust. To add to the complexity, today’s political and business landscape can cause abrupt regulatory or licensing changes, adding an additional layer of uncertainty.