Cover for the loss of margin and additional costs suffered by a business whose operations are interrupted.
Business interruption cover indemnifies the financial consequences of the halt or slowdown of a company's activity following a covered loss, rather than the physical damage itself. It typically covers the loss of gross margin, meaning lost turnover net of saved variable costs, together with the additional expenses incurred to limit the interruption, all over an indemnity period defined in the contract. In cyber insurance, business interruption has become the central cover, often more costly than the technical remediation itself, since an attack that paralyzes systems can interrupt production or invoicing for several days or weeks. Its operation raises difficulties specific to cyber, notably setting the start and duration of the interruption, the share attributable to the incident as opposed to a pre-existing degradation, and the treatment of interruption caused not by the insured itself but by the failure of a digital supplier, known as contingent business interruption. This last variant is precisely one of the main sources of accumulation for cyber insurers.
A ransomware attack paralyzes a distributor's supply chain for ten days; business interruption cover indemnifies the margin lost on unrealized sales and the cost of processing orders manually as a fallback.
pertes d'exploitation, BI, interruption d'activité