Launch of 11th Edition of Riley on Business Interruption Insurance

Presented by

Damian Glynn, Director, Head of Financial Risks, Sedgwick and Toby Rogers, Partner, Clyde & Co

About this talk

Riley is now 65 years old; rather than retiring at that age, the book has undergone a further editorial metamorphosis to ensure it retains its place as the essential business interruption reference work. Historically, there have been relatively few legal cases relating to business interruption in the UK, but with the Insurance Act on the Statute books, and the FCA Test Case having been the most significant business interruption development in living memory, the time has come to introduce a distinct legal chapter in Riley, and to introduce a second editor with an appropriate legal pedigree. So now you get two editors for the price of one. Working collaboratively and with the support of many expert contributors, Damian and Toby have produced an edition with the following key features: • Extensive remodelling of chapters and content to make content more accessible • Business Interruption extensions brought together in one chapter, discussed in more detail and addressed in alphabetical order • New legal chapter addressing the Insurance Act 2015, damages for late payment, the 2021 FCA Test case and the implications of this for causation under BI policies • Expanded consideration of cyber threats and cover available • Inclusion of discussion of parametric and pandemic/epidemic cover • Updated discussion of all areas, including Riot Damages and Terrorism This session will give an overview of the new running order of chapters, identifying the degree to which content has been re-ordered as well as updated.

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