Insurance Claims, Business Interruption & Advisory
Expert forensic accounting advice to accurately quantify and resolve insurance and business interruption claims.
Our forensic team has substantial experience in working on matters arising from insurance policies, such as stock losses, delayed start-up and business interruption claims, acting for both insurers and insured.
Our Insurance Claims & Business Interruption Services
Loss Quantification
Business Interruption
Insurance Claims
Contingent BI
Delayed Start-Up
Subrogated Claims
Stock Losses
Expert Witness
Business Interruption Insurance Claims
We have the specialist understanding of issues specific to business interruption and contingent business interruption insurance claims that is necessary to correctly quantify losses, such as:
- Underinsurance
- Deductibles
- The treatment of depreciation
- Impact of loss of attraction
- Betterment
- Aggregation of losses
Expert Witness Support for Insurance Claims
We have significant experience in acting as expert witnesses if claims become litigious. This can occur if settlement cannot be agreed, or if a claim is subrogated and insurers seek recoveries from tortfeasors (and possibly policyholders’ uninsured losses).
Subrogated Loss of Profit Claims
We are conscious that subrogated loss of profit claims require separate considerations to the original business interruption policy coverage. Unlike many Forensic Accounting insurance specialists, we are not so reliant on work from insurance companies that we consider ourselves commercially conflicted from acting for Insurers.
Warranty and Indemnity Insurance Claims
We also have significant experience in acting for insurers in claims being brought under warranty and indemnity insurance policies, having acted for both policyholders and insurer clients.
How KR8’s Insurance Claims, Business Interruption & Advisory experts can help you
Our approach is to provide pragmatic and commercial advice, with our senior team members maintaining a high level of involvement in cases. Our team has the experience and expertise to make a difference.
For further information about our experience in insurance matters, please contact one of our experts.
How KR8’s Business Advisory team can help you
We work closely with stakeholders to get businesses back on track.
Whether demand for a product has fallen, an investment has not worked out as expected, or a company needs help defining its future strategy, our team — comprised of accountants, industry executives and former financial services professionals — has the expertise to make a difference.
In addition to working with management teams, our Business Advisory colleagues also support lenders and sponsors in managing investment or repayment strategies, particularly when financial risks are high.
