Business Interruption:
How to Work with Clients Financial Statements to Determine the Right Limits
Live Web-Based Seminar! Brokers will learn how to review a financial statement, perform an environmental scan and determine limits and the right period of indemnity for larger accounts. Brokers will also learn how to use a customer friendly form to satisfy even the most demanding underwriters.
Different forms of business interruption will be discussed, as well as what the right limit is, who needs business interruption coverage, and how to sell it.
Program Outcomes:
- Identify the various items not to be insured on a business interruption form
- Determine the correct form for your client
- Get comfortable with using financial statements as a guide in setting BI limits
- Understand what goes into performing an environmental scan for BI limits
- Work with a simple and effective BI Excel worksheet
- Understand the co-ins penalty in profits vs. gross earnings forms
- Understand ordinary payroll vs. extra ordinary payroll
Recommended for: Commercial Service Brokers, Producers, Owners and Managers who wish to gain knowledge or refresh their skills of this very technical coverage.
Facilitators: Karen Rutherford, CCIB; Cookson Walker Consulting & Wally Mathews, Assistant Vice President/Senior Loss Adjuster; Charles Taylor Adjusting Ltd.
Date: Thursday, May 27, 2010
Time: 5:00 – 6:00 pm
Fee: $99 – members only.
In order to take part in this seminar, you will need to have both Windows Media and Skype installed on your computer. Both of the programs can be downloaded for FREE.
RIBO Accreditation: 1 Technical Hours
Media Player Installation Required www.movenetworks.com
In order to view the live Web event, you will need to install Windows Media or the Move media player on your computer. The installation process will only take a few minutes to complete and it is free. Please ensure your media player is working before the LiveOnline session.
Download the free version of Skype at www.skype.com/download/skype/windows/
Add "cwlivebroker" as a contact and send a test message to us to ensure we have you on our accept list.
For more information contact Keri Lee-Lincoln via email at keri@ibao.on.ca
or call (416) 488-7422 / 1-800-268-8845 ext. 118