More than just a number.

Although the physical damage to buildings, plant and equipment caused by a fire, explosion, flood or other serious incident can be catastrophic, the economic damage to the business can often be more profound.

The purpose of Business Interruption Insurance is to protect the policyholder against such consequences by insuring the loss of earnings and associated increased expenditure caused by the disruption.

If everything goes well, the business should be restored to its pre-loss position. Unfortunately, this frequently does not happen and industry statistics suggest that almost half of UK businesses cease trading within 18 months of a major incident.

Business Interruption Insurance cover is so much more than a simple accountancy exercise. The policy contains a myriad of complexities that can lead to conflicting interpretations, inadequate cover, underinsurance and invariably a failure to meet the needs of the business.

With the growing vulnerability of companies to internal efficiencies and external threats, the requirement for specialist knowledge and the application of real expertise to both pre-loss consultancy and post-loss management is crucial.

The Business Interruption Insurance Department at Harris Balcombe was established 60 years ago and since then has dealt with thousands of claims where we have made a real difference to the outcome. Headed by two board directors, the department continues to grow and all claims are dealt with in-house, which means that we are not only able to guarantee our usual high standard of service, but also maintain total security of information.

At Harris Balcombe, we are uniquely skilled in the particularly complex area of Business Interruption Insurance claims and indeed, although we usually provide total insurance claims solutions, we are frequently called upon by brokers, accountants, solicitors and the media for advice in this specialist area.

We have come a long way since the early days, when we were simply known as ‘Loss Assessors’. Today, we are extremely proud of our established reputation as the UK’s leading claims specialist - offering a fully comprehensive claims management service.

Our unmatched experience, creativity and ability to exceed client expectations continues to maintain our pre-eminence in the field.

Insurance Claims Advice &Training Support

Jonathan Samuelson a Chartered Accountant and a Partner in our Business Interruption Insurance Department is an acknowledged expert in the field and has provided seminars and workshops for brokers and clients throughout the United Kingdom. If you would like to discuss a particular insurance claim in confidence or wish him to contribute to a seminar or workshop, please contact him on 020 8959 4646 or 07721 615141