Time Element - Delay in Start-Up & Business Interruption

Our specialist forensic timeline analyses are internationally recognised for promptly and efficiently delivering clarity to the world’s highest value and most complex Delay in Start-Up (DSU) and Business Interruption (BI) claims. We recognise the key differences that make time-element insurance losses unique and that the insurance claims process needs to proceed harmoniously with projects’ construction management procedures.

DSU

Our team has advised on over 500 DSU claims on projects from all over the world, clarifying Parties’ expectations by examining the critical path of the project and determining the date upon which Commercial Operations would have commenced absent any insured events.

As independent experts, many clients utilise our services in advance of a submitted DSU claim, leveraging our expertise to establish early and accurate decision-making for the purposes of loss mitigation, formulating potential exposure considerations and creating the foundations for a successful resolution for all stakeholders.

Our expert delay analysts regularly advise on:

  • Pre-incident project status
  • Consideration of mitigation measures and Increased Cost of Working (ICOW) claims
  • Verification of critical path and near critical work packages
  • Impact of float and concurrent delays
  • Policy endorsements
  • Relationship between CAR/EAR and Marine Cargo policy forms
  • Potential implications of defect exclusions and LEG clauses

 

BI

CCi is proud of our history and the fact that for over 20 years we have successfully delivered an unrivalled time management service on many of the largest insurance losses in the world and across a diverse portfolio of industries. We have an arsenal of Delay, Quantum and Technical experts with comprehensive knowledge of all types of loss ready to provide the right support and insight to ensure that any given reinstatement project is expedited and diligently managed to reduce the risk of extended delay or business downtime.

Our Delay and Scheduling experts objectively identify reinstatement/repair scope, planned turnaround / maintenance works and any opportunistic upgrade or betterment works. Working alongside the Policyholder our experts expediently confirm the most cost-effective mitigation strategies to ensure loss minimisation delivering complete transparency for all parties.

In our experience the most effective and efficient time management service is realised when it is integrated with our Quantum and Technical expertise. This has the ability to fully leverage the interchange between each discipline resulting in accurate and agile decision making with definitive reporting supported by technical engineering solutions, cost breakdowns and time management.