Business interruption claims

All services · Contact us

After natural disasters, government shutdowns, pandemics, or other covered events, policyholders and carriers dispute the quantum of lost income. Accounting experts model historical performance, seasonality, and incremental costs, then compare results to policy definitions and exclusions.

Clear documentation of assumptions helps resolve claims efficiently and prepares the record if litigation follows appraisal or coverage litigation.

How We Approach This
Phase	What We Do	Deliverable
1. Policy Read	Map coverage, waiting periods, and exclusions	Coverage matrix
2. Historical Baseline	Establish pre-loss revenue and margin trends	Baseline model
3. Loss Quantification	Model incremental costs and period of indemnity	BI calculation
4. Testimony	Support or challenge carrier positions in litigation	BI expert report

Frequently asked questions

How do experts define the period of indemnity?

Experts align models to policy language on waiting periods, restoration timelines, and geographic scope, documenting why the selected period matches the covered peril.

What is the difference between extra expense and lost profit?

Extra expense focuses on costs incurred to reduce the loss; lost profit measures income the business would have earned but for the covered peril. Both require policy-specific definitions.

Which historical data anchors BI models?

Monthly P&L detail, seasonality analysis, and contemporaneous management forecasts before the loss event help experts defend baseline revenue and margin assumptions.

When should carriers or policyholders retain an accounting expert?

Retention before formal appraisal or coverage litigation helps parties evaluate whether differences are methodological or data-driven, often narrowing the dispute.

Need an expert for this practice area?