The client: A London market broker
The dilemma: An international wholesale broker was concerned several members of the broking team were uncertain as to how gross profit should be calculated under a business interruption policy
I identified the typical issues and areas of confusion and then ran a series of workshops on business interruption insurance. I assessed the delegates at the end of the workshop and provided them with a business interruption jargon buster and specimen work sheets.
The outcome: The brokers were more confident and able to challenge and query Gross Profit figures provided by the clients and producing brokers and had useful reference guides to support them.
Posted by Neil Park
January 16