Business Interruption Claims
Business Interruption Insurance Claim Ireland
When damage stops your business trading, the loss of income can be as significant as the physical damage itself. We help identify, evidence and present business interruption losses so the claim can be properly assessed under your policy.
CBI Regulated · No Win, No Fee · Trevor Kelly MSCSI MRICS
What It Is & Why It Matters
What business interruption cover is, and why it matters
If your premises have been damaged by fire, flood, storm or another insured event, the repair bill is only part of your loss. While you cannot trade normally, you are still carrying wages, rent, rates and other fixed costs, and you are losing the profit your business would otherwise have earned. Business interruption cover, sometimes called consequential loss or loss of profits cover, exists to put that right by restoring the financial position your business would have been in had the damage never happened.
It is only triggered where covered physical damage exists first under the material damage proviso, so the property and income claims must be handled together. Speak to our commercial loss assessor team to see what your policy should be paying.
Why These Claims Fall Short
Why business interruption is the most underpaid section
Property damage is visible and relatively easy to cost. Lost income is neither. Quantifying it correctly means reconstructing the trading the business would have done, accounting for trends, seasonality and growth, then evidencing it to a standard the insurer’s accountants will accept. That is why business interruption is the most under-recovered section of a commercial policy, and why a properly built claim routinely recovers far more than the insurer’s opening position.
A fire or flood often damages both the building and the income at once. We manage the income claim alongside the property element, so nothing is left on the table. See how we handle a commercial fire damage claim end to end.
Call Us NowHow It Works
How we quantify and settle your income loss
We build the claim from your trading records, not from a rule of thumb, and manage it alongside the property claim from first assessment to full settlement.
We establish your rate of gross profit and the turnover you would reasonably have achieved during the indemnity period.
We analyse continuing fixed costs and the increased cost of working, coordinating a forensic accountant on larger claims.
We press for interim, or advance, payments as soon as the claim is established, so wages and critical costs are met.
We negotiate directly with the insurer’s loss adjuster and accountants from a documented, defensible claim, not an estimate.
What It Covers
What a business interruption claim recovers
We build every figure from your real trading, not a rule of thumb, and claim each head of loss in full alongside the property element.
- Loss of gross profit on the turnover you have lost
- Fixed costs & standing charges wages, rent, rates and finance
- Increased cost of working temporary premises, hire and overtime
- The right indemnity period assessed early, with no surprises
Why Choose Us
Why businesses trust us with the income claim
We act for the policyholder, not the insurer. The insurer’s loss adjuster works to control the cost of the claim; we work to recover your full entitlement. Central Bank of Ireland regulated, Reg. No: C423441.
- Regulated & on your side, CBI Reg. No: C423441
- Technical expertise from John Holland, Senior Loss Assessor
- Oversight by Trevor Kelly MSCSI MRICS, Registered Public Loss Assessor
- No win, no fee, agreed in advance, case by case
Our fee is a percentage of the final settlement and there is no cost to making an enquiry. Read more about our team.
across Ireland since 2009
Central Bank of Ireland regulated. RICS/SCSI accredited. No win, no fee.
Client Feedback
Trusted by business owners across Ireland
After the fire we thought the repair bill was the loss. They built the income claim from our accounts and recovered months of lost profit the insurer never mentioned. The interim payment kept our wages paid while we were closed.
Our insurer’s first figure for lost trade was a fraction of the real damage. Having someone quantify it properly, season by season, made all the difference. They handled the adjuster and their accountants so we could focus on reopening.
Common Questions
Your questions, answered
It covers the financial loss you suffer while you cannot trade normally after insured damage. That typically includes your loss of gross profit on the turnover you have lost, continuing fixed costs such as wages, rent and rates, and the increased cost of working, for example temporary premises or overtime. The aim is to restore the position your business would have been in had the damage never happened.
The indemnity period is the maximum length of time your policy will pay for lost income, measured from the date of damage. It is set when the policy is arranged, commonly twelve, twenty four or thirty six months. It matters because it caps how long you can recover, so we assess it early and make sure the claim reflects the full period your business needs to recover, not just the time the premises are being repaired.
In plain terms, your business interruption cover only switches on if there is physical damage that is itself covered under the property, or material damage, section of your policy. If the property claim is disputed or underpaid, it can put the income claim at risk too. That is why we handle the property and income claims together, so both are evidenced to the same standard.
Often yes. Once the loss is established we press the insurer for interim, or advance, payments so you can meet wages and critical costs while the wider claim is finalised. Protecting your cash flow early is one of the most important things we do, because a business interruption claim can take time to settle in full and the bills do not stop while you wait.
We work on a no win, no fee basis. Our fee is a percentage of the final settlement, agreed with you in advance on a case by case basis, and there is nothing to pay up front. Making an enquiry is free and carries no obligation.
It varies with the complexity of the loss and the length of the indemnity period; income claims are more involved than a simple repair, because the figures have to be reconstructed and evidenced. We cannot guarantee a timeframe, but we keep the claim moving, deal with the insurer for you, and pursue interim payments where possible so you are not left without funds while it progresses.
Yes, we manage the claim end to end. We prepare and present the figures, then negotiate directly with the insurer’s loss adjuster and their accountants on your behalf, from first assessment through to full settlement. You stay informed throughout while we handle the technical back and forth.
Yes. We can review a claim that is already under way, and we regularly take on cases where an offer has been made but the income loss looks understated. We work nationwide across Ireland from our base in Rush, Co. Dublin, so contact us and we will tell you honestly whether the figures stack up.
Losing income every day the doors stay shut?
Let us press for an interim payment.
The sooner we start, the sooner we can establish the loss and protect your cash flow. Speak to our commercial loss assessor team about your business interruption claim. Free, no obligation. No win, no fee.
