Gross Profit - are we still all getting it wrong?

The Old Library, Lloyd's
Wednesday, 24 May 2017
1:15 pm – 2:00 pm
    • Damian Glynn, Director, Head of Financial Risks, Vericlaim UK
    • Steven Nock, M&CL Director, Head of CFAS, Crawford & Co.
  • Property/LBIA lecture

In this IIL joint property/LBIA lecture Damian Glynn and Steven Nock will present the results of the latest (fourth) CILA survey with regards to the adequacy of BI cover, and refresh relevant recommendations in the BI report published by CILA/IIL/CII in October 2012.

In presenting the latest survey results, there are unlikely to be many surprises for those involved in BI claims. It nevertheless remains important to provide evidence on the current state of affairs to support sensible change for the future.

What is surprising is that, whilst the BI 2012 report provided recommendations to address ongoing problems, the degree to which wordings have changed has been limited. Damian and Steven will revisit a few key areas in this lecture.

By the end of this lecture members would have gained an insight into:

  • The summarised points from the most recent BI survey and be re-energised to revisit the 2012 BI report

Speakers Bios:
Damian Glynn is a published author, regular speaker and expert witness on BI issues in the UK and abroad.

Steven Nock is the head of BI for Crawford, and an expert witness and trainer on Business Interruption matters.

Paul Isaac, Partner, Matson Driscoll & Damico UK LLP, Forensic Accountants.

  • The Old Library, Lloyd's
  • One Lime Street
  • London
  • EC3M 7HA
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Registration & Security

IIL lectures are open to Lloyd's pass holders and CII and PFS/SMP members.
All attendees must register online by 10.30am on the day of the lecture.
All attendees must produce photo ID - either a Lloyd's pass, driving licence with photo or valid passport.


  • Email confirmations and photo ID must be produced to security staff at the lecture venue
  • Attendance confirmations are non-transferable to any other person or lecture
  • All venues have limited capacity and registration and/or a Lloyd's pass does not guarantee admission

Please let us know what we can do to make our events fully accessible to you.

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

3/4 hours' CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at