LMI Group’s Claims Services division, Loss Management International (“LMI”) have been engaged to prepare insurance claims for many businesses affected by the heavy rains along the east coast of Australia.
Steve Smith and Derek Jorgensen of LMI’s Sydney operation were appointed to a multi-million dollar loss at the iconic Bourbon and Beefsteak bar and nightclub in Kings Cross. Just before midnight, fire rescue officers were called to the nightclub when flooding caused the ceilings to collapse on three levels, bringing down power cables and sprinkler pipes. Fortunately no one was injured, but with the sprinkler ruptured ruptured, there was extensive water damage.
LMI are working to mitigate the loss of both property and business interruption and will prepare the insurance claim for the owners.