A comprehensive overview of Business Interruption (BI) and Business Continuity (BC), focusing on how organisations prepare for, respond to, and recover from disruptive events. Designed for risk managers and brokers, the session explores the intersection of BI claims management and continuity planning, offering practical insights into minimising financial loss and operational downtime.
Participants will gain a deeper understanding of:
- The fundamentals of Business Interruption insurance and typical policy structures
- Key triggers and exclusions in BI coverage
- The role of claims examiners in BI claims
- Business Continuity Planning (BCP) frameworks and best practices
- Why it is important to quantify exposures in order to assess vulnerabilities and build organisational resilience
- The evolving risk landscape, including cyber threats and supply chain disruptions
By the end of the session, you will be able to:
- Distinguish between BI and BC and understand their complementary roles
- Evaluate BI policies and identify critical coverage gaps
- Develop or enhance a Business Continuity Plan aligned with insurance strategy
- Collaborate effectively across departments during a disruption
- Support clients or internal stakeholders in preparing for and managing claims
Speakers:
Kerry Balenthiran, Operations Vice President Manager, Business Risk Consulting, FM
Chris Pink, Vice President Operations Claims Manager, FM
Adriano Lanzilotto, Vice President Client Learning & Development, FM