Commonly referred to as Delay in Start-up insurance (DSU) or Advance Loss of Revenue insurance (ALOP), the insurance of revenue for projects under construction has gained significant importance over the last decade or so.  This is partly due to the increasing dependence on private sector finance. Protecting the revenue stream with insurance is increasingly regarded as of equal importance, if not of greater importance, than protecting the assets themselves.

 In this new study, now available from the Institute, this complex subject is made accessible in a way that will be helpful to the new student but also of great value to the experienced practitioner. 

 The book deals with all aspects of the subject form underwriting to claims.  It explains how revenue arises on project as diverse as power stations and hospitals, roads and bridges, hospitals and oil and gas producing facilities.  The basic principles of insuring revenue are explained including calculation of gross profit, evaluating variable charges and fixed charges and the connection with the underlying material damage cover.

 The difficulty of distinguishing insured delays from uninsured delay is outlined and the way the deductible is applied and the indemnity period calculated explained. The policy wording is illustrated and explained and actual claims examples are included. Marine cargo insurance and related delay insurance is fully explained.

 This book, written by a team experienced in the handling this class of insurance in the London and international markets, is likely to become the standard source of guidance in the management of this form of insurance world wide.

If you are a member of The Insurance Institute of London you can purchase this book online at a discounted price of £40.00 (not including postage and packaging).  If you are a CII member but NOT a member of The Insurance Institute of London, please call the Institute on telephone number: 020 7600 1343 to secure a similar discount.

To take advantage of the discount, please enter your CII PIN number when asked for your Membership number.

If you are a contributing author to this publication, to obtain a more advantageous discount, please contact the Institute on the above number.