SERVICES / ADVISORY / DISPUTE RESOLUTION & FORENSICS

Insurance Claims Services

Determine the Financial Impact of Loss Events

As a commercial insurance carrier, when an insured calls to report a loss incident, you have no time to lose. You need a thorough and fair analysis of the financial impact so you can reach a mutually satisfactory resolution to the claim. At the heart of property and business interruption claims is one basic question: What would the business have earned if this event had not occurred?

To answer this question, you need an in-depth and thorough analysis of the company’s operations and financial performance.

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Determining the financial impact of a loss involves more than simply reviewing historical profit-and-loss statements. Other factors can dramatically impact the final calculation, such as the planned introduction of new service lines, entry of new competitors or other market changes that could affect a business’s performance and results.

Bennett Thrasher can assist you and help simplify the claims process by:

  • Calculating the impact of business interruption lost profits and extra expenses
  • Assessing and quantifying property loss, including value to replace those assets
  • Serving as an expert witness to support our findings in litigation and alternative dispute resolution
  • Tracing and investigating losses in fidelity and fraud cases
  • Preparing business income value studies to assist in determining loss exposure

Our team of forensic accountants and consultants represent insurance carriers throughout the U.S. and internationally. This experience gives us a unique and thorough understanding of the circumstances that can affect a loss event’s financial impact and our insight helps to ensure a timely and amicable resolution.

Bennett Thrasher provides forensic accounting and litigation support for a wide range of commercial insurance claims, including:

  • Business Interruption & Extra Expense
  • Property Damage
  • Lost Profits
  • Stock & Contents
  • Fidelity, Employee Dishonesty & Surety
  • Products Liability & Recall
  • Builders’ Risk
  • Reported Values
  • Litigation Support

Team Leaders

Bennett Thrasher believes in serving our clients by building trust through insight and involvement.

If you’re looking for a partner to assist with comprehensive support throughout the insurance claim lifecycle, contact Chris Frederick to schedule a consultation.

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CHRIS FREDERICK
Partner

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