Business interruption or consequential loss coverage is one of the main guarantees for the continuity of the company after damage. After all, the gross profit margin (partially) drops off, while the cost behavior pattern is limited or delayed in its response to the effects of the calamity.
In addition, the (market) effects of a significant damage often extend over a much longer period than the period required to repair the material damage.
Business interruption coverage
Every damage is different. No matter what scenario was envisaged beforehand, in practice the consequences of a disaster will usually be more drastic.
Moreover, it appears that many policies are based on data from the past and have not evolved sufficiently with the company. Professional assistance and expert advice are therefore indispensable.
Troostwijk-Roux Expertises is an independent assessment and valuation office that operates completely independently. We can therefore act without prejudice.
One of its kind
Troostwijk-Roux Expertises is the market leader in Belgium as the “insured party’s loss assessor”. Our loss assessors are active at all levels of the claims process: buildings, contents, art, equipment, merchandise, special vehicles and business interruption.
In addition to their accounting and insurance knowledge, our experts also have the necessary negotiating skills to meet the most professional requirements in our sector.
Troostwijk-Roux Expertises enjoys a high reputation in the market as a business loss adjuster. Troostwijk-Roux Expertises is regularly asked as a lecturer for a training course for brokers and has published an important publication on this subject together with Kluwer.
We operate in all business segments (profit & non-profit). We have experience in the claims process with listed companies as well as with small and medium-sized enterprises.
Good advice always comes too late!
One does not have to wait for a calamity to get solid business loss advice. Troostwijk-Roux Expertises therefore offers the possibility of a prior assessment of the loss of profits.
In the case of a business loss consultancy, a check is made of the business loss interest on the basis of realised exploitation and the expected future exploitation.
Together with you and your insurance broker, we analyse the extent to which your business depends on internal and external factors and how this can be integrated into business interruption coverage according to your specific market share and activity.
Adjustments to policy conditions – if so desired – are discussed with you and your insurance broker.