Business Income Education and Training: Webinar and Book

In August of 2009, Insurance Journal published its second book, "Business Income Insurance Demystified: The Simplified Guide to Time Element Coverages." In January, the new Insurance Journal Academy of Insurance is conducting a five-part series based on the book. The series begins January 21 and runs through February 18. More information about the Webinars can be found at the Academy of Insurance Website.

Several insurance and non-insurance professionals offered their opinion of this book. Here is what they had to say:

Chris Boggs has done an excellent job of taking a complex subject and explaining it in a conversational way that even someone new to the subject can easily understand. This book is highly recommended for commercial lines newcomers and even seasoned veterans will get a new perspective on some critical concepts and some fresh ideas on how to explain them to their customers.

Bill Wilson, CPCU, ARM, AIM, AAM
Director, Big "I" Virtual University

Chris' book on Business Income is a novel but serious contribution to our understanding of a very important insurance coverage. I have maintained for years that the biggest problem with understanding Business Income coverages is the way most of us were taught. This treatment of Business Income coverages should give insurance professional a fundamental understanding of how the coverage works. A bonus is Chris' treatment of the Business Income Worksheet. This work should help in demystifying this long misunderstood instrument for determining insurable Business Income values. I highly recommend this book to the novice as well as the experienced insurance practitioner.

E. Stuart Powell, Jr. CPCU, CIC, CLU, ChFC, ARM, AMIM, AAI, ARe, CRIS
Vice President of Insurance Operations and Technical Affairs
Independent Insurance Agents of North Carolina, Inc.

Few technical books, although addressing their subject adequately ever achieve being attractive enough to their readers, when presenting such complex subject....yet, this one to the contrary, like a good adventure book, once started pushes one to fervently seek and want to know more. Effectively thereby by-passing and relegating the tedious learning to the past.

Pierre-Michel Feuz (Swiss)
(BEd and MBA)
Technical Specialist – Talbot Underwriting Ltd Lloyd's Syndicate 1183 - Member of London Market LMA and A.I.C.G.

It is easy for a non-insurance professional to miss out on all of the potential benefits of Business Income Protection due to the fact that it is seemingly complicated and confusing to the insurance outsider. In "Business Income Insurance Demystified", Chris not only breaks down the concept and explains it in everyday language that the average business professional can easily understand, but he also clearly conveys the importance of carrying Business Income Protection in your business portfolio.

Kurt E Voggenreiter, CPA
Controller
Air Cleaning Technologies, Inc.

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More information on the Business Income book can be found here.

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