IIBC – Introduction to Business Interruption Insurance (Surrey, BC)

Seminar Date & Time:
Wednesday, March 5, 2025 at 8:45 am – 12:00 pm PST

Limited capacity for this in-person workshop!

Do the words Business Interruption Insurance cause you to shiver?  Business Interruption is an important type of insurance that can be perceived as highly technical requiring years of study and many questions tend to be left unanswered. Through the use of simple numerical examples, this seminar will provide you the tools and confidence you need to understand the concepts and methodology relating to a business interruption loss. Participants will be arranged in small groups for calculation exercises.

Seminar Objectives
• Understand business income, profits, earnings, and co-insurance
• Identify warning signs
• Review income statements and obtain the additional information required
• Determine loss of sales and calculate profits/earnings as defined
• Discuss increase in cost of working and saved expenses
• Determine variable and fixed costs and their impact
• Discuss ordinary payroll options and payroll coverage issues
• Calculate a loss

Webinar Presenters from Williams Meaden & Moore Inc.  

Bichtar Mahal, Partner
Damian Alksnis, Partner
Kristen Keraiff, Manager

Number of Continuing Education Credits:  3 Technical CE Credit (BC)

Registration Deadline: March 5, 2025

Fees: plus GST. Insurance Institute membership required
$135 IIBC Member – includes Continental Breakfast 
+$90 New Member (includes membership expiring May 31, 2026)

Continuing Education Credits: 3 Technical CE Credit (BC)

Questions?

Winnie Hon, CIP, Seminars & Events Specialist
Insurance Institute of BC
E: whon@insuranceinstitute.ca | T: 604.678.5747