Forensic accounting & loss quantification
Insurance Claim Support
Insurance claim support from a forensic accounting firm means organizing financial evidence, quantifying covered losses, and communicating findings in the format adjusters, examiners under oath, and coverage counsel expect. Whether you represent a carrier evaluating a large commercial submission or a policyholder documenting complex revenue streams, the goal is the same: a transparent, well-supported claim file that reduces cycle time and litigation risk.
Dual audience: carriers and policyholders
For insurers, we assist with large-loss triage, reserve analysis, reasonableness testing of BI models, and preparation for examinations under oath. For policyholders and brokers, we assemble document packages, reconcile ERP exports, and translate policy language into financial workplans.
Methodology
We align tasks to the claim lifecycle: notice → proof of loss → investigation → negotiation → resolution. Each milestone has defined deliverables so stakeholders know what to expect.
- Coverage-aware modeling (BI, extra expense, extensions, waiting periods)
- Document index and privilege coordination with counsel
- Scenario analysis for settlement negotiations
Outcomes
Clients benefit from fewer rounds of information requests, clearer reserve decisions, and stronger positions in appraisal or litigation if the file does not settle.
Related services
Works with business interruption loss analysis, extra expense claims, inventory loss assessment, and construction delay / business loss when timelines slip.
Related services
Frequently asked questions
What is the business loss claim process?expand_more
Typically: notice of loss, mitigation, documentation assembly, proof of loss submission, insurer investigation, negotiation, and payment or dispute resolution. Forensic accountants enter at any stage to strengthen documentation or test opposing figures.
Should we hire forensic support before or after the proof of loss?expand_more
Earlier is usually better: contemporaneous data maps, organized document indices, and preliminary models can steer the investigation and reduce rounds of supplemental requests. We can still assist late-stage for rebuttal, appraisal, or litigation if records exist.
How do you coordinate with coverage counsel?expand_more
We work under counsel’s direction on privilege, discovery scope, and messaging to opposing parties. Deliverables can be structured as non-testifying consulting memos or expert reports depending on strategy.