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Mistakes in setting sums insured / declared value where the Insured elects an Indemnity Period of less than 12 months.

Prof. Allan Manning

I recall the very first business interruption claim I did was for a risk in Toowoomba and to my horror found that the Insured had only declared 3 months insurable gross profit with a 3-month Indemnity Period. In fact, around 75% of interruption claims by number have an Indemnity Period of less than 3 months.

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Philadelphia Eagles Seek to Extend Covid-19 Business Insurance Bid Into Overtime

Insurance Journal

The Philadelphia Eagles football organization wants to force its case for Covid-19 business interruption insurance against insurer Factory Mutual Insurance Co. into overtime, arguing that its situation is unlike any other that already has been decided. The Pennsylvania Supreme Court …

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A Guide to Business Interruption Insurance in Germany

Top Insurance Blogs

As an insurance agent with over a decade of experience in Germany, I’ve witnessed firsthand how unforeseen events can disrupt business operations. Business Interruption Insurance (Betriebsunterbrechungsversicherung) is crucial for safeguarding your enterprise against such disruptions.

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Tailoring Business Insurance for the Hospitality Industry in Germany

Top Insurance Blogs

As a licensed insurance agent in Germany with many years of experience, Ive worked with a wide range of hospitality clients. From boutique hotels in Munich to family-owned restaurants in Berlin, Ive helped many of them protect their business and, by extension, their finances.

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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical. Heres what to consider from an insurance and risk management perspective when opening a new location. Workers Compensation Insurance to cover employee injuries on the job.

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Reflecting on the first 25 Years of LMI Group

Prof. Allan Manning

Today marks LMI Group’s quarter century of service to the insurance industry and wider communities. February 2000: Development of first Training Module – Business Interruption. May 2002: First of now 17 books on insurance and risk management launched. May 2000: First manual Policy Comparisons developed.

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Celebrating 24 years of service to the general insurance industry

Prof. Allan Manning

Speaking of New Zealand, our team are providing valuable assistance to many insureds effected by the Auckland storms and ex-cyclone Gabrielle. With more and more clients experience mental health issues, LMI were the first to include a clinical psychologist as part of our team through Mastering our Minds.