Has your business been disrupted by unforeseen events? Business interruption claims provide vital financial support when operations are halted due to unforeseen events. Oakleafe Claims are here to help you regain control and resume operations.
The loss of business insurance claim process is extremely complex and highly stressful.
Insurers will appoint loss adjusters to protect their interests and minimise your claim settlement, or even refuse to pay anything.
Loss adjusters are NOT on your side - they are paid directly by your insurer and are therefore not independent.
Oakleafe will take control of the business interruption claims process and protect YOU and your business.
We will minimise your distress and make a real difference to the outcome of your BI claim.
Our involvement will speed up the business interruption claims process and ensure you get exactly what you are entitled to, leaving you to concentrate on your work commitments and get back to business normality.
Another satisfied client shares their experience:
"Excellent service from beginning to end. Lee and his team were very professional and experts in their field. Oakleafe acted for us on two large claims one involving business interruption. And one for material damage following a fire at one of our hotels these claims combined ran into 7 figures. Both outcomes have been more than satisfactory for us and I would not hesitate to recommend Oakleafe to anyone." - Ryan Mason, Supercity Aparthotels.
You will have access to our BI insurance claim specialists.
Our expert loss assessors have equal or greater experience and qualifications than the adjusters insurers use to minimise your claim.
You will have an appointed Qualified Claims Technician who will interpret and advise you on your loss of business income insurance claim.
Chartered surveyors, structural engineers, environmentalists and building contractors will all be provided to support your business interruption claim.
Oakleafe will handle all meetings, communications and negotiations and fully protect your interests to get you the best possible business interruption insurance claim payout.
You can also use our business interruption claims portal Claimtrack, to view live communications between all parties to ensure you are kept up to date with all developments in real-time.
Another satisfied client shares their experience:
"Oakleafe were invaluable in supporting us through the claim process after a major fire destroyed our business premises. We would not have been able to manage the claim without them, a special thank you to Holly for all your help and advice during an extremely stressful few months. I would have no hesitation in recommending them to anyone else in a similar position, I thought I would be able to 'do it myself' but it would have made it even more stressful so I am glad I left it to the experts at Oakleafe." - Louise, Oakleafe commercial client on TrustPilot
From the moment we engaged their services, we were impressed by the level of professionalism and efficiency
Do not be fooled that your insurance company will help you. They tried their best not to pay our claim. Oakleafe saved our livelihoods and our business is better and stronger than it was before. We’ve just received our final payment from the claim and we are really pleased. I would happily recommend them.
Dealt with my Insurance company like true professionals. Definitely got my maximum entitlement and as a result my business has come back stronger and more profitable.
Justifying how your business would be performing, had the claim not occurred, is extremely challenging.
You have to show to Insurers the company's performance historically, and other factors that could have influenced trading over the interrupted period.
Markets are examined in your specific industry to see how it's performing generally, as well as local factors such as increases or decreases in your market share due to competition.
Preparing, collating and presenting these to Insurers to maximise your entitlement is a time-consuming and tactical exercise requiring significant experience, vision, and imagination.
Loss Adjusters and Forensic Accountants appointed by your Insurers often seek to make this process difficult.
We are only interested in getting the best settlement for you by presenting your case in an accurate and forward-thinking way.
Whilst being mindful of your obligations to mitigate the loss, we also offer practical advice based on over 70 years of experience.
Business Interruption Insurance covers financial losses that are a direct consequence of a fire, flood or other serious incident that impacts the operational efficiency of a business.
Business Interruption Claims can mitigate issues such as:
Business interruption insurance claims look forwards not backwards, so quite often a BI insurance claim runs for several years as the financial loss to a business continues long after it reopens.
You may also have other costs, such as marketing and advertising, that are needed to get customers back on board. These are all taken into account in a business interruption insurance claim.
After originally being advised that business interruption policies did not in many circumstances protect a business from the effects of COVID-19 and the resulting financial effects of the shutdowns, The Supreme Court has ruled that insurers MUST pay-out Coronavirus business interruption claims that have been in dispute.
The Supreme Court's decision will come as a relief to thousands of businesses across many sectors.
Our in-house professionals can help identify whether you may be eligible to claim for your business losses - to have your insurance policies reviewed free of charge contact us now.
Insurance companies will try hard to settle claims at minimal levels where they are contractually permitted to do so.
For over 8 generations Oakleafe have successfully represented and supported many businesses with their insurance claims for business interruption. We are well-versed in dealing with all insurance companies when it comes to complex matters such as claiming business interruption insurance.
If you require additional information please call our free 24/7 claims consultation helpline on 0333 2101 999.
