Our Perspective
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Additional Insureds - A Question of Interpretation
By Bob Button September 29, 2016English
Some of the most complex and hotly contested large commercial claims disputes have to do with Additional Insured (AI) coverage. Provisions related to AI coverage are especially common in construction contracts in which subcontractors may be required...
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Fire Losses During Construction Can Be Alarming
By Eric Michot September 15, 2016English
Construction or renovation projects represent a significant risk for insurers. From the early stages of a project to the final phase when the largest concentration of values are on the site, losses from fire can add up for insurers. I will discuss a...
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Finding the Right Property Insurance Claim Experts - A Key to Your Success
By Sue Stein September 11, 2016English
People that work in the Property Claims field are adept at sorting through the chaos which is part of any loss, and at making order out of it. We take the necessary steps to determine the claim strategy, with one of those steps being to identify the...
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Know Thy Neighbour – Lessons From the Tianjin Explosion
By Edmund Fernandez September 07, 2016English
The night of August 12, 2015 was like any other in and around the bustling port of Tianjin, the maritime gateway to China’s capital city Beijing located some 170kms to the north west. The port city of Tianjin, a dual core city comprising the old...
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Vapour Cloud Explosion Modeling – Setting the Right Limits for Oil and Gas Risks
By Seong Wook Kim August 03, 2016English
Setting the right limit of liability (LOL) is one of the most important and complex decisions in designing an insurance program for large refineries and petrochemical plants. Buying up to the full Total Insurable Value (TIV) on a multi-billion dollar...
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Contingent Business Interruption in Petrochemical Business – An Underestimated Exposure?
By Martin Zorn July 21, 2016English
Significant changes in the petrochemical industry over the last decades have included many former chemical and petrochemical giants selling their petrochemical businesses to focus on chemical operations specializing in “pharmaceuticals, performance...
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