Contingent Business Interruption Insurance: Coverage Issues and Exclusions

A live 90-minute CLE video webinar with interactive Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Tuesday, October 25, 2022

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

or call 1-800-926-7926

This CLE webinar will guide counsel through the in-depth analysis and unique questions to be answered to confirm or deny coverage under contingent business interruption (CBI) policies and add-ons. The panel will discuss how CBI policies can shift risk, the forms of CBI policies, controversies around crucial policy provisions, and limitations and exclusions that can go overlooked. The program will also explain how this coverage differs from other types of similar but separate specialty coverages.


Complex supply chains are increasingly subject to disruption with significant financial impact. Policyholders seek to spread this risk of potential losses by purchasing contingent business interruption (CBI) coverage. In contrast to regular business interruption coverage, CBI protects against loss of net income, continuing expenses, and extra costs resulting from a shutdown of a critical supplier a customer.

While CBI insurance may appear straightforward and claims seem easier to prove, the complexity of policy language and the in-depth analysis required to confirm or deny an insurance claim can be formidable.

Policies can be standard ISO forms, company forms, or broker or manuscript forms. Each offers different levels of coverage, limitations, and exclusions. Many key policy terms are beyond the insured's control, and these variables create complex issues for the policyholder and the insured alike.

Listen as this experienced panel of insurance practitioners guides counsel through the key provisions and exclusions that affect CBI coverage.



  1. Role of CBI in risk transfer
  2. Policyholder and insurer strategies on issues under CBI policies
    1. Named vs. unnamed dependent properties
    2. Sub-limited coverage
    3. Coverage territory
    4. Direct vs. indirect dependent properties
    5. Excluded perils
  3. Managing a CBI claim
  4. Difference between supply-chain coverage and other specialty policies


The panel will discuss these and other vital issues:

  • Is actual physical loss to an insured's property required?
  • What types of CBI policies exist?
  • What happens when both the insured's and the supplier's properties are damaged by the same event?


DeMeo, Raymond
Raymond T. DeMeo

Robinson & Cole

Mr. DeMeo handles insurance litigation, including claims stemming from large-scale natural and man-made disasters. He...  |  Read More

DeVries, Scott
Scott P. DeVries

Special Counsel
Hunton Andrews Kurth

Mr. DeVries represents clients facing insurance recovery issues. He also focuses his practice on class and mass torts,...  |  Read More

Jordan, Ashley
Ashley B. Jordan

Reed Smith

Mr. Jordan is a partner in Reed Smith’s Insurance Recovery Group, named 2021 Insurance Litigation Department of...  |  Read More

Kleinman, Brandi
Brandi Kleinman, CPA, CFF

Managing Director, Forensics and Litigation Services
Weaver and Tidwell

Ms. Kleinman, CPA, CFF, serves as a managing director in Weaver’s Forensics and Litigation Service practice....  |  Read More

Attend on October 25

Cannot Attend October 25?

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

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