BUSINESS INTERRUPTION
Business Interruption and loss of profits following
property or other damage can often be more expensive than the
cause of the interruption. Putting a business back into a pre-loss situation can take time especially if there
are lead times for the replacement of key machinery and the problem of recovering market share. Incidents occurring
elsewhere can also lead to a loss of business, for example a key
supplier or key customer. Many businesses
who suffer a serious property loss can go out of business altogether
through lack of adequate insurance to maintain cash flow.
ICA has considerable experience
in this field and can give a great deal of assistance in analysing
and mitigating the risk factors to a business, and help create
a business continuity plan. Facilities up to USD$100 million and beyond when required.
Delivering The Promise
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| • |
Loss of Gross Profits and Revenue |
| • | Additional Cost of Working |
| • | Suppliers Extension |
| • | Customers Extension |
| • | Denial of Access |
| • | Delay Fines and Penalties |
| • | Loss of Book Debts |
| • | Computer and Machinery Breakdown |