Many large and complex losses will involve elements that require an early and accurate understanding and assessment of the financial impairment / interruption to the claimant. This could be the audit and valuation of damaged stock, the business interruption exposure following a fire, or the evaluation of financial accounting records to understand and validate an employee theft.
We employ an experienced and dedicated team of Insurance Forensic Accountants, whose focus is to understand, mitigate, quantify, and adjust losses with a financial impairment or major interruption to business operations.
The team works with our aviation, energy, marine, property, casualty and special risks adjusting teams as well as with our clients chosen independent Forensic Accounting partners across a wide range of industries and claim types, including:
- Property and construction including DSU
- Contingent Business Interruption
- Product contamination, recall, and liability
- Quantification of stock losses, including goods in transit
- Crime and Fidelity
- Event cancellation
- Political risk
- Power generation/ renewables
- Hospitality and leisure
- Marine, ports and terminals
- Telecoms / Media / Technology
We also assist markets in compiling specialised wordings for complex coverages, which include business interruption and delay in start-up risks and exposures.