Meeting/Event Information

Description:

This session will equip agents, brokers, underwriters, adjusters and examiners with a clear understanding of business income and extra expense losses. The presentation will walk through the theory and mechanics behind business income calculations, key documentation to review, method for calculating a basic loss and indicators of more complex loss scenarios.

1 hour of CE

Learning Objectives:

·       Understand the fundamentals of Business Income calculations.

·       Recognize critical elements of a Business Income Policy, including coverage triggers and limitations.

·       Evaluate Extra Expense and how mitigation efforts can impact overall loss.

By the end of the session, participants will be able to:

·       Confidently identify the components of a business income loss.

·       Apply policy deductibles and limitations to loss scenarios.

·       Review documentation more effectively to support consistent decisions with business income.

Presenters/Co-presenters:

Amanda Hignight, CFE

Vice President of Forensic Accounting,

EFI Global