Straightforward guidance for a complicated process
The sheer complexity of commercial insurance claims can be overwhelming – especially in estimating the value of business losses. BDO’s Commercial Insurance Loss Accounting team works on behalf of insurance companies and policyholders alike to objectively calculate business interruption and property losses for natural disasters, accidents, and other undesirable circumstances that affect businesses. BDO also provides valuable assistance in advance of claims in regards to insurable values determination and loss exposure analyses.
With signature methodologies and close partner involvement, BDO quantifies losses for commercial insurance claims of all types, for companies of all sizes. We critique expert reports and provide assistance in settlement negotiations and at trial, as required. From mining to consumer products, we serve a range of industries, and understand the many complexities and nuances of each particular business.
Backed by the resources of our global forensic practice and our presence in more than 150 countries, we assist in the resolution of cross-border claims quickly and efficiently. This is especially valuable for complex cases involving major losses in multiple jurisdictions.
BDO’s Commercial Insurance Loss Accounting services include:
- Business Interruption Loss Calculations
- Stock Loss Calculations
- Product Liability Losses
- Surety Claims
- Fidelity Bond Insurance Claims
- Cyber claims
- Business Interruption Values Determination & Exposure Modelling