Business interruption

"Business Interruption" Module is part of the "Certified Chief Risk Officer (C-CRO)" and the " Certified Operational Risk Officer (C-ORO)" training programs.


The aim of the seminar is to understand the importance of immediately restoring the operation of a unit or organization that has occurred from a sudden interruption of operations.  Preparation for such a risk is now imperative for every organization and there must be a response plan to execute for each such case

Subject Areas

√ Introduction to the risk of business interruption
  • Anatomy & business interruption hazard components
  • When a hazard causes a business interruption
  • Distinction in relation to other risks & risk modelling of business interruption
  • Distinction between sudden and gradual interruption of business (Interruption vs)
  • Activities more and less inflexible in the interruption of business
  • Introduction to the concept of resilience
  • Supply chain risks and risk of business interruption
  • Technological developments and risk of business interruption
  • Examples & comprehension quizzes
√ Preventive & Repressive treatment of the risk of work interruption
  • The role of Business Continuity Planning
  • Business Continuity Principles
  • Business Impact Analysis
  • Business Interruption Risk Assessment
  • Business interruption crisis management
  • Business Continuity Plans
  • The benefits of business continuity in various areas of its operation Business
  • Business continuity control techniques
  • Testing of business continuity plans
  • International business continuity standards
  • Business continuity through various legal & regulatory requirements
  • Examples & comprehension quizzes
√ Business Interruption Insurance
  • Insurability of business interruption
  • Business interruption insurance in property and cyber risks policies
  • Introduction to the concepts of Maximum Foreseeable Damage (MFL) and Maximum
Potential Damage (PML)
  • Management of business interruption damage – practical advice
Examples & Comprehension Quiz

Seminar Timetable

1st & 2nd Teaching Hour
3rd & 4th Teaching Hour
28th of November
18.30 - 20.00
20:00 - 20:15
20.15 - 21.45

Course Start Date
28 of November 2024

Cost of Attendance

200 €
  • 4 Hours
  • Live Online
  • Attendance Certificate


John <br/>Papageorgiou MSc
Papageorgiou MSc
Senior Risk Consultant, Aon