Business interruption insurance
The lockdown caused by COVID-19 has spotlighted business interruption insurance especially since on 26 June 2020, when the Western Cape Division of the High Court in Cape Town delivered its judgment relating to a business interruption claim due to the pandemic.
The judgment could have far-reaching implications on non-life insurers who provide cover for business interruption. The complexity of determining coverage hinges on the wording issued to a policyholder. Each policy wording needs to be read in its entirety to determine the liability of an insurer. Is COVID-19 a valid disruptor? What do insurers look for in a valid claim and how are these claims calculated?
Join us for a high-level two-hour webinar on business interruption insurance from an insurer’s perspective.
This course has not been scheduled for this year.
Check out our Course Overview page to see all our current courses.
Errol Putswanyane – BCom Accounting Sciences. He is a Senior Consultant in the Forensic Accounting and Claims Services division within Marsh Advisory. He completed his articles at Grant Thornton and joined Marsh in 2017, where he has been involved in preparing, presenting and negotiating on complex business interruption claims on behalf of clients across a wide range of industries. He has worked on international engagements in the United Arab Emirates, Tanzania and Mozambique.