Valuation and estimates for insurance purposes of "Business Interruption Damage"
ASACERT offers its clients a valuation and estimation service for insurance purposes for business interruption damages that enables organizations to protect themselves from the risk of loss of profits in the event of forced business interruption, facilitating the underwriting of policies properly “sized” to the value of the business itself. A claim can cause serious damage both direct–related to insurable tangible assets (property, plant, machinery)–and indirect–due instead to the consequences of business interruption that often follow a calamitous event, such as an earthquake or fire.
ASACERT, thanks to the well-established technical expertise of its auditors specialized in the field of insurance engineering, is able to provide third-party assistance in the preparation of prior estimates aimed at insuring direct and indirect damages. In detail, ASACERT performs a business revenue estimation service through a timely analysis of the production process, identifying what the most relevant or frequent risks may be based on the type of business conducted. Secondly, ASACERT works out by means of special calculations and forecasts the amount of damages that the enterprise would face in the event of a sudden business interruption in order to obtain an appropriate insurance proposal.
THE BENEFITS.
The assessment and estimation service for insurance purposes for business interruption damages offered by ASACERT experts enables companies to:
- Take out an insurance policy appropriate to the actual protection needs of client companies
- Pay an insurance premium consistent with the company’s profits
- Reduce the time required to settle damages in the event of a claim
- Minimizing business interruption damage.