Tag Archives: business interruption

Business Interruption following a disaster

Most business owners take out insurance cover to protect the business against property damage (fire, theft, floods etc) or against liability claims (Employers Liability & Public Liability).  However equally important is to have cover for Consequential Loss or Business Interruption.  … Continue reading

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Insurance headache at ‘Store It’ facility

A major blaze in the Store It facility in Ballymount off the M50 in Dublin has destroyed the building and the contents of the storage units. More than 50 firefighters have been battling the fire since the alarm was raised … Continue reading

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Fire Insurance Claims

Most people know that Loss Assessors are very busy every time there is severe weather, but they forget that fires happen all year ’round. Unfortunately there are fires in homes and commercial premises every day of the year. Every year … Continue reading

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Business Interruption

For an Insurance Broker whose client’s business is damaged by fire the initial concern is the material damage claim. However, a significant issue is the ongoing loss of profit and increased costs that arise while normal trading is affected by the insured event. A businesss interruption claim requires specialist knowledge and expertise to ensure a successful outcome. Continue reading

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Surviving a Fire

Most people know that Loss Assessors are very busy every time there is a flood or a storm, but they forget that fires happen all year ’round.  Unfortunately there are fires in homes and commercial premises every day of the … Continue reading

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When your pub burns down….

Unfortunately in Ireland every year a number of pubs, hotels and restaurants are destroyed by fire, and the business is closed over-night.  With the trauma there is a loss of jobs and a daunting task of what to do next.  … Continue reading

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Property Claims – “agreed rates”?

Property Insurance claims in Ireland have been squeezed so hard over the last few years that Loss Adjusters have been offering unrealistically low rates to settle claims. We believe Loss Adjusting Companies who state that they are offering “agreed rates” … Continue reading

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