Business interruption is the loss of profits and continuing expenses resulting from a break in activities due to an occurrence of a peril.
When faced with an unforeseen business event that interrupts their business, clients need to know how that event will affect them financially. Exponent, working with a business owner, will assist in establishing loss due to interruption based on factual and financial data. We will calculate the actual amount involved, thereby giving our client an accurate amount of loss for purposes of risk management or for claim preparation.
Exponent professionals are seasoned in reviewing and analyzing business interruption claims and can assist a surety, insurer or other defended party in establishing the true cost and schedule impact of the disruption in valuing the claim. If requested, we can respond by producing an expert report, provide support in settlement, negotiations or other litigation proceedings.