Forensic Accounting

Property Insurance

Helping you to efficiently solve property insurance matters

Hire us

No matter the nature of the claim, adjusters, solicitors, and other business professionals trust us to apply our expertise and investigative analysis to help them evaluate and resolve even the most complex property matters.  

How we can help

Our forensic accountants have extensive knowledge in the property sector and have worked on assignments involving builders’ risk and soft costs, catastrophe services, business interruption, reported values, stock and contents, valuable papers, and extra expenses. We can help support across numerous property insurance related matters in many ways, including: 

  • Assessing business plan propositions, budgets, contracts, and amendments 
  • Reviewing critical paths, status reports for construction and change orders during times of loss 
  • Comparing budget and actual expenses for affected property location 
  • Conducting a detailed review of company records (operational and financial) 
  • Analysing industry data to discover the effect on profit related to business interruption and market share 
  • Evaluating direct and indirect labour costs for materials and sub-contractor costs and profits 
  • Considering events and conditions not related to loss that could impact actual sales and expenses during the recovery period 
  • Identifying extra expenses related to property damage claims 
  • Tracking open and closed files and loss reserves using internal claims databases 
  • Monitoring progress of reconstruction projects 
  • Working with brokers and carriers to confirm property insurance values pre- and post-loss 
  • Interviewing key personnel (risk management, operations and corporate accounting personnel) 
  • Assessing financial records to verify lost inventory’s value and quantity  
  • Tracking replacement processes and essential documentation progress 
  • Providing expert witness testimony as required 

Want to hear more about how we can assist with property insurance matters?

 

Markus Heiss

Markus Heiss - Partner

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