This LMA masterclass will give an overview of delay in start-up (DSU)/advance loss of profits (ALOP) insurance, both from an underwriting and a claims perspective, with a focus on those aspects that can cause difficulties.

The session will:

• deconstruct how DSU/ALOP policies work, in theory and in practice
• look at the specific accounting questions that arise on DSU claims
• examine the key underwriting and wordings issues for insurers
• explore the ways in which DSU/ALOP policies can cause problems, particularly when it comes to claims.