Spotlight
Forensic & Insurance News
Contributed by specialist insurance legal practice Berrymans Lace Mawer
Case StudiesBusiness Interruption
In the field of business interruption Topping Partnership primarily serves insurers, loss adjusters and lawyers. We are able to undertake assignments throughout the UK.
Topping Partnership’s expertise is readily apparent in loss of profit claims under business interruption insurance and third party liability claims. Cases range from claims by small owner managed businesses to publicly quoted corporations.
In assessing claims for loss of business profits Topping Partnership’s expertise is invaluable in assessing loss of production capacity, loss of sales, reduced gross profit margins and increased costs of sales.
Claims for loss of profits arising from business interruption include claims resulting from
- Fire damage, including arson
- Natural disasters such as flooding and lightning strikes affecting computer and electronic systems
- Product liability for supply of defective goods/components
- Environmental contamination, particularly in agricultural claims for damage to crops and water supply
Claims arising from fire damage frequently involve a detailed analysis of the claimant’s financial and trading circumstances in order to ascertain if there is a financial motive for arson.
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