INTRODUCTION TO THE CFAS TOOLKIT
Do you have an insurance policy covering business interruption and would like to accrue for the potential financial impact of an insured event, or are you an insurance provider and need to reserve for its effect? Maybe you are an intermediary and are seeking to provide quantum advice to a client – look no further, the CFAS Reserve Estimator is the logical and simple answer.
Not quite sure what information will be required to assist to support an assessment of loss? Identify the estimated period the business will be affected by a loss and answer a few simple questions to produce an industry specific Document Request List.
Each business interruption loss requires an assessment of the turnover that would have been achieved but for the Damage that caused the loss. Our CFAS Trend Calculator takes you through a few easy steps that will deliver a calculation of expected turnover.
Some small retail losses in respect of business interruption are not overly complicated to calculate with the right tools. If you want help with such a loss, try out our Simple Loss Calculator.Go to CFAS Toolkit