21 February 2020

Improving an insured’s claims experience following storm damage

BY: Steven Horne | IN: Articles

Introduction

The recent deluges brought about by Storms Ciara and Dennis will be keeping many construction projects busy for the coming weeks and months.

As project teams get to grips with the extent of damage and repair options, assessing the potential disruption and resultant delay impact they will also start to review and implement mitigation and acceleration measures to minimise, as best as possible, any delay.

We are all striving towards improved claims experiences, with transparency, collaboration and quick claims resolutions being our common goals. It is in situations like these that acting proactively and engaging with project teams early provides a seamless claims experience and it is important that we are all working together to transparently understand and agree acceleration costs and expected schedule impacts as a result of these storms.

CCi’s expertise has extended to over 500 time element insurance claims over a 20 year period and can proactively provide enhanced claims experiences and successful claims resolutions on all matters relating to:

  • CAR / EAR
  • Delay in Start Up (DSU)
  • Business Interruption (BI)
  • Prolongation
  • Acceleration
  • Disruption
  • Increased Cost of Working (ICOW)
  • Additional Increased Cost of Working (AICOW)
  • Material Damage verification
  • Mitigation / Acceleration
  • Expediting expenses
  • LEG / DE Defect Exclusions

If you would like to discuss any issues arising from Storm Ciara or Storm Dennis or to understand the value that CCi’s suite of integrated construction claims services can provide please do not hesitate to contact our Managing Director, Steven Horne, steven.horne@ccint.co.uk.