6 Simple Stages for Commercial Dispute Resolution
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.
If you’re looking for a partner to assist with comprehensive support throughout the insurance claim lifecycle, contact Chris Frederick to schedule a consultation.
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.
Our team of forensic accountants and consultants represents 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.
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.
Our team of forensic accountants and consultants represents 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.
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