Our Services

Business Interruption Valuation & Claims

Each year business interruption is ranked as a top business risk across all industries. At the same time, risk managers rate Business Interruption insurance coverage and claims as the most complex challenges.

•  17% of risk managers are “extremely confident” that their BI values and limits set are adequate.

•  41% of risk managers who have had a BI claim in the past five years say it took 6 to 12 months to settle the claim.

•  58% of risk managers who have been through a claim say that “difficulty quantifying loss” was the biggest challenge faced.


       Source RIMS Business Interruption Survey 2017

Procor symbol from logo at 512 x 512 for site iconOur Experience


Valuing Business Interruption and Contingent Business Interruption Exposure:

Too often, business leaders and risk managers pay too little attention to determining the amount of insurance to buy for Business Interruption. This is typically calculated by utilizing a poorly designed BI Worksheet that does not fit their business model, may have calculation errors, and is usually misunderstood by whoever is tasked with filling in the data. At best, there is confusion around the true exposure. However, the worst-case scenario results in businesses not having enough coverage and losing potentially millions of dollars when they need it most.


Preparing Business Interruption or Contingent Business Interruption Claims:

Business Interruption (BI) claims can be complicated and are often misunderstood. In general, the purpose of Business Interruption coverage is to put the business in the same financial position it would have been in “but for” the event or loss. Simply put, this coverage will help to replace the cash flow that would have been generated in order to cover the operating expenses of the business and paying out the net profit, if the business is profitable.

Contingent Business Interruption (CBI) losses occur when a key customer or supplier of a business has experienced a loss. The trigger for coverage is not physical damage of the Insured, but rather a covered cause of loss at the supplier/customer. It is common in these losses for extra expenses to be a large component of the claim as alternative suppliers may be utilized, driving an increase in costs.

At Procor, we specialize in providing clarity and insight about Business Interruption / Contingent Business Interruption exposure for businesses across all industries. We leverage our vast, global claims experience and our understanding of industry practices to provide accurate, timely and defendable analyses of the loss impacts.

Procor symbol from logo at 512 x 512 for site icon
Client Resources


Business Interruption 101

Business Interruption (BI) claims can be complicated and are often misunderstood.
Click below to download Procor’s Business Interruption 101 document to learn
the basics and get the facts on BI claims.


Contingent Business Interruption Coverage Article

Arnie Mascali, President of Procor Solutions + Consulting provides insight and perspective on Contingent Business Interruption Coverage in an article originally published in Tort Trial & Insurance Practice Law Journal, Volume 41, No. 3, Spring 2006 © 2006 by the American Bar Association.


Procor Solutions + Consulting logo

Our Locations

Brooklyn / Orlando / Los Angeles

DUMBO Headquarters
55 Washington Street – Suite 742
Brooklyn, NY 11201

Contact Us

Tel: 908-282-2345

Connect With Us
For News and Updates!