Clyde's Claims Essentials - Financial Loss

Welcome to another episode of our Clyde’s Claims Essentials podcast series, where we provide practical insights for insurers on common challenges faced by claims handlers in the Property & Liability space. In this episode, Lauren Penton and Kate Dugdale explore the complexities of financial loss and provide practical tips when considering this type of loss.

The speakers break down the different types of financial loss, including consequential loss, pure economic loss, direct and indirect losses, and examine their recoverability in contract and negligence claims. Additionally, they discuss how financial loss is treated under liability insurance policies, highlighting common exclusions and policy extensions.

Click here to view the episode fact sheet

Whether you’re new to the sector or are looking to brush up on a particular issue, our in-house experts share key 'need to knows' over the course of 6 bite-size conversations, with new episodes bi-monthly, and topics including:

• Subrogation
• Privilege
• Preservation of evidence and disclosure
• Liability for fire 
• Construction projects
• Financial loss