We don’t want anyone to wait for a loss to happen before testing their policy, so we’ve adopted Caroline’s phrase, she would ‘rather be sitting having a cup of tea, playing let’s pretend’, and discover coverage gaps or issues under collaborative circumstances, before a loss occurs. Meaden & Moore work with Insurers and risk managers on Pre-loss BI reviews, which helps provide the much needed data for predicting risks and exposures, which can help to help ease the severity of the hard market cycle, something that was raised at our conference recently.
- Benefits of hindsight - using claims experts enables you to learn from their…successes.
- Predicting and quantifying your exposures - otherwise how do you know if insurance is value for money?
- Demonstrate the value of business continuity efforts - for you, the board and for your Insurers.
- Practise makes perfect? Almost! How to reduce the lifecycle of business interruption claims and get faster payments on account.
Speaker: Caroline Woolley, Meaden & Moore