☎ Call 020 3883 7976 Mon - Fri 9am to 5:30pm
GET A QUOTE ONLINE 020 3883 7976


Business Interruption insurance is one of the most important classes of insurance a business can buy. Following a major material damage loss, it is the cover which keeps a firm afloat while the damage is being put right, by insuring consequential losses of revenue or profits.

It is often seen as a complex subject that requires specialist knowledge to handle claims. So where do you start if you want to understand the basics?

Renowned Business Interruption specialist Damian Glynn (from the Chartered Institute of Loss Adjusters) has helped us to produce the BI Wheel which gives a very basic summary of the way BI works when making a claim.

The Wheel is made up of four spheres:

  1. Real life impacts of incident
  2. Corresponding insurance cover
  3. Objective to evidence the loss
  4. Documents to evidence the objective

David Perry, Managing Director of FSB Insurance Service explains this in detail in the below video.

Damian has also joined forces with other specialist colleagues (Sue Taylor and Steven Nock), to write the Basic Business Interruption Book, to help interested parties get to grips with the detail of business interruption and BI claims.

This short, easy to read book will guide you through the principles of business interruption insurance and what is commonly covered by policies. Using simple examples, the writers explain how policy cover operates in practice and how to calculate what is payable under the policy. The book does not assume any detailed prior knowledge and all arcane terminology is explained using everyday language.

FSB members can download this book, free of charge, here The Basic Business Interruption Book.

If you have any questions, or would like to discuss your insurance with an advisor, please feel free to call our team on 020 3883 7976. Our lines are open Monday-Friday 9am-5.30pm excluding bank holidays.