Apr 23, 2020
COVID-19: Business Interruption Insurance Webinar [Recap]
One of the concerns facing nearly every organization is whether there is any insurance coverage for COVID-19 Business Interruption losses.
On April 6 2020, coverage experts at Graham Company hosted a 45-minute webinar to talk about the difficulties with standard property policy provisions as well as strategies to get around those provisions in order to put yourself in the best position to trigger coverage. Other policies that could potentially extend coverage were also discussed. In addition to policy language, the webinar covered the various state and federal legislative proposals to extend business interruption coverage both for past losses and future losses. Our coverage experts also provided advice on filing a Business Interruption claim (even though there are still coverage uncertainties) and the obligations that filing a claim may involve. Finally, the program concluded with advice from a forensic accounting consultant about how to preserve information necessary to prove your claim in the event that coverage is triggered.
- Peter Prinsen, Senior Vice President & General Counsel, Graham Company
- Christa Solfanelli, Associate General Counsel, Graham Company
- Jacob Parsons, Director, The Claro Group
The slides presented by Graham Company and materials shared by The Claro Group during this webinar can be found below.
For additional COVID-19 resources and risk management recommendations, please visit our COVID-19 Risk Management Center.