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Transactional Insurance

Providing accurate and reliable analysis of the value of claims made under transactional insurance policies.

Our forensic accountants and consultants act for both insurers and policy holders and their legal advisors to provide a clear and accurate analysis of the alleged breach of warranties and quantification of loss claimed under transactional insurance policies.

    In a broad range of sectors for our clients on every engagement, Baker Tilly’s investigative accounting and financial consulting services deliver clarity in the most complex situations. In any claim, it is often important to establish the timeline of events. Our forensic technology team can assist with the extraction and analysis of large amounts of data and documentation that can assist in understanding when certain key facts or issues become known to the relevant parties.

    Our analysis can be supported by our corporate finance division which has extensive experience in providing value added investment banking services in a wide range of industries. These include transaction and strategic advisory services, as well as financial opinion analyses, to clients with annual revenues ranging from $1M to over $1B.

    Our services

    • Initial desktop review at underwriting stage: We can provide initial high-level input to assist underwriters in preparing the questions for, and evaluating the answers from, their calls or meetings with the insured, as part of insurers’ due diligence procedures. This can include specific questions designed to identify, define and quantify key valuation issues which may assist underwriters in considering certain areas of risk within the policy.
    • Quantification of claim: Drawing on our experience in business valuation, accountancy and the quantification of losses in our corporate, litigation, insolvency and insurance practice areas, we are able to quantify damages arising from an alleged breach of warranty to put the claimant back in the same position as if no breach had taken place.
    • Review and technical assessment of claim: We can work collaboratively with clients to assist in the initial understanding and applicability of specific representations and warranties in the context of the transaction and help assess the merits and liability of a claim from a breach and quantum perspective.
    • Presentation of findings: We provide high-level advice or detailed written reports on our findings and clearly explain our analysis of complex issues. We prepare independent expert reports and provide oral testimony for ADR, Tribunal or Court in the event of a legal dispute.
    • Case management assistance: We help identify the relevant key documents and information required to develop the case strategy and provide a basis for presenting, understanding or defending a claim.