Catastrophic (CAT) Claims Accounting

Catastrophes have devastating and wide-reaching effects on both individuals and businesses. Rarely can we control how disasters impact us and the world around us, but we can always control how we react when they occur.

As a forensic accounting firm, our primary concern is to ensure that claims are paid out efficiently and accurately in the wake of a catastrophic event.

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Responsiveness: We are prepared to assist in determining what our client’s needs may be and adapt as the crisis evolves.

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Coverage Determination: We work with you from the onset to ensure consistent application of policy particulars and reduce ambiguity down the road.

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Teamwork: We have the wherewithal to balance your needs with the numerous challenges involved in the aftermath of a catastrophe.

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Organization: We strive to generate a consistent work product for each claim, and this starts with a well-defined workflow.

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Efficiency and Accuracy: Even in the face of catastrophe and chaos, our goal remains introducing efficiency and accuracy to the claims handling process.

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CAT Response 2020

Insurance Industry Town Hall Series

TECHNOLOGY ADVANCES IN FORENSIC ACCOUNTING

July 8 Watch On Demand

WIDE AREA DAMAGE
AND THE "BUT FOR" TEST

August 5

UTILITY INTERRUPTION

September 2

HOSPITALITY IMPACTS

September 16

LITIGATION

October 7

Key Contacts

Danielle Gardiner, CPA, CFF
Senior Vice President
833-456-9377 x5420
Carlos A. Rivera, CFE, MAFF
Senior Vice President
833-456-9377 x5425

Insights on CAT and Wide Area Damages

The Wide Impact of Wide Area Damages: A Forensic Accounting Perspective

September 10, 2019

Wide impact disasters present unique challenges for settling business interruption claims. In this blog, we’ll explore what those obstacles are and highlight how the insurance industry is responding.

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Natural Disasters: Gaining Control Amidst Chaos

September 05, 2019

For insurers and their insureds, rapid response is key to resolving claims and helping people and communities recover. Here are four factors that are essential to making accurate, timely insurance claims in response to a catastrophic or natural disaster scenario.

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How Forensic Accountants Help Businesses Recover in the Wake of Hurricanes and Natural Disasters

August 28, 2019

Learn how the Lowers Forensics International team works with insurers to resolve business interruption claims resulting from hurricanes and other natural disasters.

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