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Publicity surrounding a major loss may lead to a reduction in share price or loss of reputation etc.

As you are probably aware, we provide a full claim service for you and your Clients. Included in this service is presentation and negotiation of your Clients’ property damage and business interruption claim.

Policyholder suffered a burglary and months later his van was broken into. He was asked to produce invoices for tools from the van and he forged these.

As in the Analog case, this case emphasises that Insurers must be specific in terms of Policy wordings if they want to exclude specific events or contingencies.

In my capacity as Loss Assessor, I have come across an unusual number of cases involving customers goods where there have been problems vis-à-vis interpretation of Policy cover.

Traditionally, third party property claims have been dealt with on an “indemnity” basis, i.e. deductions are made for wear and tear or increased life span or equivalent benefit.