FOR IMMEDIATE RELEASE - 17TH JULY 2008

MD&D Hosts 4th Annual Insurance BI Panel Discussion to Overflow Audience at The Old Library, Lloyds Of London

Matson, Driscoll & Damico hosted its fourth annual Business Interruption Panel Discussion at The Old Library, Lloyd's of London on Wednesday 16th July 2008 in conjunction with the firm's 75th anniversary. The seminar was fully subscribed with more than 160 delegates in attendance including London Underwriting Brokers, independent Adjusters, Solicitors and Accountants.

Ten experts from top insurance companies and law firms addressed the delegates on current Business Interruption topics. The speakers delivered presentations followed by lively discussion with the delegates. The presentations concentrated on five major topics:

  • The Impact on Deductible Calculations of Average Daily Value vs. Waiting Period Wordings
    • Presented by: John Donald (Matthew-Daniel Company) and Nick Thomas (Kennedys)
  • The Impact of Rising Commodity Prices on Business Interruption
    • Presented by: Hugh Kennaway (Cunningham Lindsey International) and Caroline Woolley (Marsh Ltd)
  • Take or Pay - Penalty Clause or Not?
    • Presented by: David Heath (Integra Technical Services) and Tim Taylor (Barlow, Lyde & Gilbert)
  • Business Interruption Flowing From Damage to Insured vs. Uninsured Property
    • Presented by: Peter Hirst (Clyde & Co) and Richard Harding (Benfield)
  • Can Costs Incurred to Protect Future Business be Considered an Increased Cost of Working if They're Uninsured?
    • Presented by: Trevor Davies (Davies Lavery) and Michael Riley (Braemer Steege)

About Matson, Driscoll & Damico

Currently celebrating its 75th anniversary, Matson, Driscoll & Damico are a leading international forensic accounting firm specialising in insurance loss accounting and litigation services. The firm has 31 offices in the United Kingdom, Asia Pacific, Canada and the United States.

For further information, please contact:
Aruna Kumaravel
akumaravel@mdd.net
+44 (0) 20 7265 0777