Claims and Underwriting Operations Consulting
FTI Consulting helps clients and counsel address the challenges of large and complex claims by conducting investigations; determining causes; assessing damage and liability; performing valuations of losses; addressing business interruption, remediation and recovery; developing business transfers, schemes of arrangement, runoff and liquidation; and providing regulatory guidance and expert testimony. Also, we support claims and underwriting operational improvement by helping clients understand financial and operational liabilities and opportunities; actuarially optimizing reserves; and applying advanced analytics and process engineering to achieve financial and customer experience objectives. In addition, we conduct claims evaluations and technical reviews and portfolio analysis in support of M&A due diligence; book of claims purchase or sale; run-off programs; disputes; risk assessment; and damage and liability valuation.
Large and Complex Claims Assessment and Management
- Investigations
- Damage and liability assessment
- Business interruption, remediation and recovery
- Regulatory guidance, arbitration/litigation support
- Asbestos, environmental and mass tort
- Runoff, business transfers and schemes of arrangement
Claims and Underwriting Expense Containment and Operations Improvement
- Leakage analysis
- Reserve analysis
- Business metrics & analytics
- Technical reviews
- Third party vendor process improvement