Insurance Claims - Ernst & Young - United States

Fires. Floods. Freezes. Operating a business can entail unpredictable risks. A single event can wreak havoc. Who do you call when you’re managing a crisis?

From business interruption to product recalls, from property damage to special events and from employee theft to fidelity bonds, we assist policyholders with the processes of preparing and presenting complex insurance claims. Our professionals offer deep industry experience and innovative approaches while keeping the company’s interests in the claim our priority.

Dedicated professionals. The dedicated insurance claims professionals in our Fraud Investigation & Dispute Services practice have diverse backgrounds in claim accounting, engineering, crisis management, strategic planning, and insurance coverage.

Our professionals have worked around the world, supporting clients of all sizes across the broad range of industries, from rocket motors to automobiles and from semiconductors to steel mills. Through proven methodologies we assist risk managers, controllers, chief financial officers and attorneys to effectively drive the claim development process, to expedite claim cash flow and to focus on running their business.

Integrated services. Even in the best circumstances, preparing and managing a complex insurance claim involves multiple steps. The task can prove both frustrating and time-consuming. Our professionals understand this, and wherever appropriate, we stand ready to assist management with specific steps or with the entire claims process.

We help you with:

• Claim preparation
• Data collection and organization
• Loss measurement and analysis
• Strategic claim development
• Loss presentation and support
• Knowledge and data management
• Managing expectations
• Appraisals, arbitration & litigation

In recent years, our professionals have worked on some of the largest, most complex insured loss claims for global companies. Insurance. Business. We speak both languages. Whether internal or external, we can help you manage expectations for your claim and bridge the information gap from the business to the insurance company.

Selected industry experience 

• Agribusiness
• Airlines
• Automotive
• Beverages
• Chemical
• Commercial banking
• Communications
• Consumer products
• Energy
• Financial services
• Food consumer products
• Food and drug stores
• Food production
• Forest and paper products
• Gaming
• Healthcare
• Higher education
• Hospitality
• Industrial and farm manufacturing
• Investment banking
• Household and personal products
• Mining
• Oil and gas
• Pharmaceuticals
• Railroads
• Retail
• Sports and entertainment
• Transportation
• Technology
• Utilities

Specialty claims areas

• Business interruption
• Contingent business interruption
• Property damage
• Extra expense
• FEMA claims
• Environmental claims
• Political risk
• Special event claims
• Builder’s risk
• Stock loss
• Boiler and machinery loss
• Fidelity claims
• Liability claims