Stock and Business Interruption Losses
Damages resulting from interruptions to operations
A business may be partially or fully interrupted by a wide variety of loss events, e.g. an event caused by a fire. This is usually associated with considerable financial consequences, as the fixed costs of the company continue, but either some or all of the revenue is lost.
We can offer you our help, support and, in particular, the technical knowledge of our specialists in the area of business damages in dealing with damages.
In the event of damages, our job is to provide a sound assessment of all the effects of a partial or full business interruption for business operations of all kinds (both production companies and service providers)
Taking all circumstances which could have caused the damage into account, a profit contribution (= turnover minus variable costs) for the period of the interruption will be calculated by our sales specialists.
Another of the services we provide is checking insurance costs for insured parties for the job from German and overseas insurers. This means that both insurers and insured parties can be informed of any underinsurance or overinsurance.
As a result, all financial consequences of a loss event can be represented transparently and comprehensively for both our contractors and the companies affected, and this enables us to make an important contribution to damages being dealt with quickly and efficiently by all parties.
Damages to goods
As well as assessing business damages, this specialist department also offers help and support with assessing damages to goods;
If any finished products, semifinished products, goods and stocks are damaged or completely destroyed as a result of a loss event, the resulting damages will be assessed by our specialists in this area, taking into consideration whether and to what extent the damaged goods can be recovered.