Case Study: Quantifying a Catastrophic Exposure
Published on: 02-Apr- 2007 | Comments: 0

A new client was concerned with the adequacy of global contingent business interruption (CBI) limits. They believed they had been over-insuring CBI, did not have a coordinated global property program structure, and were paying too much premium for their exposure.
We met with our client and developed a production flow analysis that tracked key issues, such as local manufacturing revenues and margins. Utilizing internal loss control reports, we identified critical production bottlenecks that might seriously impact the company's revenue stream. The end result was a true picture of the CBI exposure, which we were then able to take to the underwriter to develop a seamless global program, which provided broader coverage at more attractive terms.
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