Analysis

Tech could hold the key as Covid-19 causes BI to become a ‘surge event’

By 2020-10-30T12:52:00

technology, key

Keoghs partner explains how technology needs to be utilised in order to handle the vast uptick in business interruption claims as this typically low frequency incident becomes a ‘surge event’ following the onset of coronavirus

Technology needs to be used to reinvigorate the claims process surrounding business interruption (BI) claims as the Covid-19 pandemic and the government’s response measures have transformed this line of business from experiencing low frequency incidents to a “surge event”, said Dene Rowe, partner and innovation director at law firm Keoghs.

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