Business Interruption Insurance- Official

Welcome to our comprehensive course on Business Interruption Insurance in collaboration with Baker Tilly!

The course is currently free to take, making it the perfect opportunity to sharpen your expertise and add value to your clients or organization without any cost.

In today’s digital economy, a single cyber incident can bring an entire business to a standstill—crippling operations, severing revenue streams, and damaging customer trust. Business interruption is no longer just a consequence of natural disasters or supply chain failures—it’s now one of the most significant and complex exposures in the wake of a cyberattack.

That’s why we’ve partnered with the experts at Baker Tilly to bring you this focused, practical course on Business Interruption Insurance, designed specifically for cyber insurance professionals, risk managers, brokers, and advisors.

You’ll gain a clear understanding of how BI coverage works in the cyber context—how to assess exposure, model losses, and support faster, data-driven recovery decisions when every hour of downtime matters. Whether you’re advising clients or managing internal risk, this course will equip you with the knowledge to navigate the financial and operational fallout of cyber-driven business disruption.

Meet Your Instructor: Luke Smith Adams, CPA/CFF, CFE

To bring this complex topic to life, the course is led by Luke Smith Adams, a leading Cyber Forensic Accountant at Baker Tilly US. Luke has worked as a forensic accountant since 2017 and is a Senior Manager at Baker Tilly in London. He specialises in the quantification of loss in a range of scenarios, including business interruption (loss of profits), personal injury, and business valuation. Luke is a graduate of the Cyber Insurance Academy’s CCIS programme. With deep expertise in quantifying cyber-related business interruption losses and navigating high-stakes claims, Luke brings real-world insight into the financial realities organizations face after a cyber incident.

Watch the video

In this short explainer, Luke breaks down the critical role Cyber Forensic Accountants play in the aftermath of a cyber event—measuring financial losses, uncovering hidden impacts, and helping bridge the gap between insurers and policyholders. Drawing from real cases, including a major nationwide retailer cyber claim, Luke shows why early engagement and informed decision-making can make or break the outcome of a BI claim.

• Define the general intention of business interruption cover.

• Identify the most common policy wordings and understand the potential coverage implications in business interruption scenarios.

• Identify potential operational impacts of a cyber attack and evaluate different recovery and restoration strategies available to affected organizations.

• Evaluate several methodologies used to project expected revenue after a cyber incident has occurred.

• Assess how the rate of gross profit is applied in insurance claims and recognize how Uninsured Working Expenses (UWEs) and Gross Profit differ in cyber insurance policies.

Upon completion of the course, you’ll receive a Certificate of Completion, recognizing your expertise in business interruption insurance in the context of cyber risk—a valuable addition to your professional credentials.