IIBC – Introduction to Business Interruption Insurance (Kelowna)

Time: 8:45am – 12:00pm

Do the words Business Interruption Insurance cause you to shiver? This important type of insurance can be perceived as highly technical requiring years of study and many questions tend to be left unanswered. Through the use of simple numerical examples, this seminar will provide you the tools and confidence you need to understand the concepts and methodology relating to a business interruption loss.

SEMINAR OBJECTIVES

• Understand business income, profits, earnings, and co-insurance
• Identify warning signs
• Read income statements and obtain the additional information required
• Determine loss of sales and calculate profits/earnings as defined
• Discuss increase in cost of working and saved expenses
• Determine variable and fixed costs and their impact
• Discuss orginary payroll options and payroll coverage issues
• Calculate a loss

AUDIENCE | This is a half-day interactive seminar for adjusters, brokers and underwriters to gain a better understanding of the calculation and application of business interruption wordings and various forms.

SEMINAR PRESENTERS ~ from Williams & Partners Investigative Accountants Inc.
The Williams & Partners team consists of professionals with experience in all facets of investigative and forensic accounting. Many of their clients are in the insurance industry including insurance companies, independent insurance adjusters, law firms, corporations, municipalities, and business owners.
Damian Alksnis, CPA, CMA, CFF, Forensic Accountant
Bichtar Mahal, BBA, CPA, CA, Forensic Accountant
Stephen Graff, CPA, CA.IFA, CFF, CFE, Forensic Accountant

Number of Continuing Education Credits:  3 Technical
Please be aware that tardy arrival or early departure to/from the seminar will preclude IIBC from issuing a CE certificate for this seminar.

Registration Deadline: Friday, October 12

Fees: The price for this seminar includes coffee service, light snacks and GST.
$125 IIBC Members
+$80 Non-Members – IIBC Membership Fee of $80 (expiring May 31, 2019) is applicable. Please register manually.

Corporate Rate: $105 per attendee for groups of 8 or more (membership is additional for non-members). To register with a corporate rate, please contact:
Winnie Hona , Seminars & Events Coordinator
E: whon@insuranceinstitute.ca  |  T: 604.681.5491 x21