Claims Consulting Services
When complex claims arise, clients and their counsel rely on FTI Consulting, Global Insurance Services for help in conducting investigations; determining causes; conducting damage assessment; performing valuations of losses; assessing liability; addressing business interruption, remediation and recovery; and providing regulatory guidance and expert testimony and other litigation and dispute resolution support services.
Meeting the Challenges – The FTI Consulting Difference
The interrelated risk aspects of complex claims often involve long tail cross border financial and operational issues of multiple parties. These types of claims require a multi-disciplinary team with deep insurance and other relevant industry experience and expertise in order to understand and identify claims issues and provide solutions.
FTI Consulting team members include actuaries, claims specialists, CPAs, forensic accountants, investigators and former regulators. Our experts are experienced in financial, operational, regulatory and litigation support across the full range of claims functions in all lines of business within insurers, reinsurers, captives, risk retention groups, brokers and insureds.
Our experience and expertise span a broad range of industries that require standard and specialty lines of insurance, including auto, property (including construction), marine, surety, title, workers compensation, business interruption, general and professional liability, accident and health, asbestos and other health hazard mass torts, finite reinsurance, and catastrophe and terrorism.
Our Key Services
Our experts work collaboratively with our clients to diagnose issues across the complete claims lifecycle, using proven tools and methodologies and data-driven analytics to contain losses and expenses and improve outcomes. Our experts also apply their expertise and extensive experience in supporting the needs of counsel when claims disputes arise. Our key services include:
- Investigations and forensics
- Damage assessment and loss valuations
- Business interruption remediation and recovery
- Expert testimony and litigation support
- Runoff, troubled companies, and receivership
- Large scale data analytics
- Performance optimization
- Regulatory guidance
Senior Managing Director, Co-Leader of Insurance Services
Senior Managing Director, Leader of EMEA Insurance Services