LOSS ADJUSTING

SOLUTIONS | PROPERTY

Business interruption

We help businesses prepare for potential business interruption (BI), investigate the cause and evaluate the damage.

Two property loss adjusters inside a workplace.

What we do

To ensure BI losses are accurately quantified and resolved, many complex financial components must be analyzed. Our team provides the skills and expertise to help clients achieve the best results when resolving claims and disputes.

We collaborate with the insured and the adjusting team to understand the loss and the key components involved. Once our analysis is complete, we explain our approach and discuss the details of the calculation with the insured.

Business doesn’t pause when disaster hits — and we’re here to help prepare you for the risks of tomorrow.

Why choose Sedgwick?

Our accountants have an average of 15 years of industry experience.
More than 120 colleagues globally with expertise in a broad range of industries, including construction, healthcare, hospitality, manufacturing, mining, power and energy, retail, service, technology and transportation.
Predictive analytics tools to project revenue forecasts for complex business models.
Strong understanding of local laws and regulations.

Coworkers having a meeting in a conference room.

LEARN MORE

Business interruption claims services

NEWS AND INSIGHTS

March 11

Japan’s deadly heavy snow likely to lead to property, BI claims with limited exposure

December 02

Storm Bert – COO offers top advice to policyholders and their brokers

July 08

The art and science of getting business interruption cover right

According to a January 2024 report, business interruption (BI) is the second-biggest risk (behind cyber incidents) facing companies today — both globally and in Asia in particular. In fact, BI often accounts for more than 50% of incurred losses in commercial property claims. Large-scale supply chain disruptions and natural disasters in recent years have shined a […]

March 20

Cyber business interruption claims: the unique challenges of the digital realm

Asia is home to more than half of the world’s internet users. Businesses are leveraging Asians’ online activity to make inroads to new and existing customers, create new products, and make processes more efficient. The benefits of this opportunity are accompanied by unique risks not addressed by traditional business interruption (BI) insurance policies. However, they […]

March 01

Managing a large and complex property fire claim

This blog is the first installment in a series where our property experts highlight recent claims. In part one, we discuss our response to a devastating fire. Stay tuned for the second blog focused on a flood catastrophe, which is coming soon. Claim details On 3 January 2018, a devastating fire erupted at a prominent […]

February 12

Commercial claims involving injuries or fatalities

As major loss adjusters, one of the most significant aspects of our career is producing a positive outcome for all on a claim. In many cases, this means that the impacted business was returned to its pre-loss state with their insurance policy having responded and delivered without complications. On the flip side, there are downsides […]

January 15

Delivering flood resilience: minimising the impact of flood claims

One billion people globally are at risk of experiencing a flood. In the UK alone, an estimated 5.2 million homes and businesses are at risk. And the probability of flooding is increasing with climate change. Increased winter rainfall — projected to increase 35% by 2070 — and more severe weather events will exacerbate an already untenable set of circumstances. […]

December 13

Decoding the data: Is another Australian bushfire disaster looming?

The devastating Black Summer bushfires of 2019/2020 in Australia had record-breaking insured losses — serving as a critical reminder of the intricate relationship between climate patterns and their impact on businesses. As we stand on the precipice of similar weather catastrophes, the question remains: can we improve the way we prepare for and respond to […]

December 06

Insurance and indemnity: what policyholders need to know about cyber losses

In the insurance space, the concept of an indemnity period specifies the time frame for which the policyholder (insured) can claim compensation for financial losses resulting from an insured event. It serves as a boundary for the coverage provided by the insurance, limiting it for business interruption (BI) losses to the lesser of when the […]

November 30

Enhancing care in business interruption claims with forensic accounting services

September 11

The basics of business interruption: what professional services firms should know

Business interruption (BI) is a significant concern for professional services firms — whether it be lawyers, accountants, medical professionals or consulting agencies. Any disruption, whether due to physical damages or technology downtime, can have a profound impact on their operations, productivity and financial stability. Factors that contribute to business interruption It’s important for professional services […]

March 06

State of emergency declared in New Zealand

On Tuesday, 14 February, and for only the third time in history, the New Zealand government announced a national state of emergency. The flooding and destruction that followed in the wake of Cyclone Gabrielle left Northland, parts of Auckland and the eastern coastline of the North Island in devastation. Prime Minister Chris Hipkins said the storm, which […]

February 15

The impact of inflation on claims: what lies ahead in 2023

By Andrew Cavan, director, head of major and complex loss (North) As reported in the Financial Times, on 31 August 2022, the head of one of the world’s largest building materials companies confirmed that he’s seeing a ‘second wave of cost increases’ following the surge in gas prices. Spiralling energy prices are just the latest addition […]

November 09

Assessing equipment and building systems damage after Hurricane Ian

By Scott Carroll – director of client services, large complex loss, EFI Global, a Sedgwick company and Paul Gilbert – director of client relations, EFI Global, a Sedgwick company In the aftermath of a disaster event like Hurricane Ian, organizations tend to think about damage in terms of drying carpet, removing drywall, mitigating mold, and […]

October 19

Understanding conduct risk: a prerequisite for growth

By James Norman, International business development director As we navigate reoccurring global events and uncertain times, insurance continues to play a critical role in risk transfer — providing assurance and allowing organizations to continue business as usual. Covers like business interruption (BI), cyber, trade credit and political risk may come to mind. With a greater […]

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