Determining the appropriate amount of insurance coverage can be challenging, especially when relying on inadequate business interruption valuation worksheets that misalign with your businesses’ nuances. This causes calculation errors and misunderstandings. At worst, businesses find themselves underinsured and susceptible to devastating financial losses. At Imperium, we emphasize the significance of business interruption valuations to assess risks, determine appropriate insurance coverage, make informed decisions, plan financially and facilitate the claims process.

Valuation helps identify and assess the risks associated with business interruption, enabling effective resource allocation and implementation of risk management strategies for quick recovery after an interruption. Accurate business interruption valuations also support cost-benefit analysis of different risk management strategies, such as investing in backup systems, diversifying suppliers or implementing preventive measures, enabling businesses to make informed decisions about resource allocation, investments and risk mitigation measures.