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With the kind permission of Roger and Nick Bancroft, of
Bancroft’s Dry Cleaners
, I would like to explain just a little of what they went through with a fire and how business interruption insurance assisted them. This case study is from
Business Interruption Insurance and Claims – A Practical Guide
by Dr Allan Manning
.
So you ask, why chose Bancrofts Dry Cleaners as a case study? The answer is:
Drycleaning has elements of retail, service, and manufacturing.
The business is the size of a typical small to medium enterprise.
At the same time, the business could easily be a division of a larger firm.
Bancrofts Dry Cleaners have given authority to use the information.
The loss has all the components we need to discuss.
Finally, Bancrofts Dry Cleaners are nice people and it is a good story!
Reference: Manning, 2008,
Business Interruption Insurance and Claims – A Practical Guide
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