The COVID-19 virus has dislocated every aspect of normal social, family and business life presenting significant operational and commercial challenges to every business in the UK. There are no precedents and no guide as to how we should respond. The situation is fast-moving and extremely concerning. People and businesses are looking for advice, support and guidance.
Business Interruption claims are a key issue for insurers and are now being received in ever greater volumes, some speculatively. Policy coverage advice must be sought on the specific policy first as to whether these claims are covered or not. However, if they are covered then it is imperative that insurers are able to deal with such claims in a timely manner – businesses have not been able to trade fully for some time.
We understand the issues brought by COVID-19 to our insurer clients and can provide one integrated solution.
DWF Claims Management and Adjusting are working together with our in-house Forensic Accountancy team, as well as with DWF Law to provide a specialist blended solution, which includes support with the quantification and challenge of business interruption losses.
Amongst other matters, complex legal causation of loss questions arise in many claims, and the emergence of governmental financial support schemes may make many claim assessments and adjustments ever more challenging. From legal coverage arguments, to loss adjusting, claims management and qualified Accountants review – we have a proposal that will ensure your claims have a consistent approach.
To find out more about our integrated solution, download our flyers.