Bridging the Gap: Insights into Business Interruption and Risk Mitigation

Overview:

In this session, Angus Osborne-White, Head of Technical Development at Crawford Forensic Accounting Services, will explore business interruption insurance: what it is, how it works, and how it should be factored into business continuity planning.

Drawing on over a decade of experience in the insurance industry Angus will provide practical insights into the assessment and mitigation of business interruption.

This presentation will focus on:

• Pre-loss: The importance of understanding what business interruption provides cover for and how it transfers business risk.
• Post-loss: What will happen in the event of an insured loss, including examples of how business interruption to help in a greater way than “just” indemnifying for losses.
• How clear communication of policy coverage can reduce uncertainty and support proactive loss mitigation.
• The value of communicating the operational realities of affected businesses to ensure fair and efficient indemnity outcomes.

This session is designed to equip risk managers with a clearer understanding of how forensic accounting can support both the technical and human aspects of claims handling—ultimately helping to protect business continuity as part of a wider risk management strategy.