Retail Sector

Location: Sheffield, England

Scope of Engagement:
  • Extensive flooding in the UK damaged a large cinema and resulted in a loss of sales;
  • Measurement of the business interruption loss resulting from the flood.
Quantum:
  • In excess of GBP500,000
Unique Aspects of Engagement:
  • Analyzed and researched the cinema market and scheduled film title release dates;
  • Analyzed the rest of the insured’s cinema circuit in order to establish the number of lost attendees as a result of the loss;
  • Worked closely with the adjuster and provided an analysis of the affected revenue streams that led to a loss of gross profit.