claim consulting firm that you are going to consider must provide comprehensive
claim preparation, presentation and settlement services. This organization
must have a staff of licensed adjusters, accountants, estimators and
engineers having actual prior experience working with the insurance
GS Adjustment Company, Inc. has these qualifications and more:
of the emergency and permanent restoration of damages. This includes
helping deploy, manage and document the needed restoration and reconstruction
detailed Property Damage (PD), Business Interruption (BI), and Extra
Expense (EE) claims for the loss. This includes determining the
time period to make the repairs and restore the business operations
which includes the basis for the BI and EE claims.
Working with corporate / facility management to use the insureds'
employees as little as possible thereby reducing the overall impact of
these activities on their business.
insurance company representatives assigned to the loss. This includes
working with the adjusters and their auditors to evaluate and settle
ability to interpret policy terms and conditions as they relate
to the scope of the loss and the competence to negotiate a fair
and equitable settlement in a timely fashion.
industry references and extensive experience handling catastrophic
losses. The principals of our firm will be actively involved in
the claim preparation and adjustment process.
Claim Consulting Firm being considered must perform in the stated
capacity as their primary business, and not as an auxiliary service.
Claim Consulting Firm must have a flexible fee structure on a contingency
or a per-diem basis.
Claim Consulting Firm must demonstrate the expertise to capture, present
and win the following coverage issues:
of local building codes, ordinances and regulations.
of governmental regulations.
and Betterment's Assessment:
Cost and Actual Cash Value assessment of damages.
Machinery and Equipment Cost Analysis, including:
a) Process and instrumentation designs and scope.
b) Process manuals, Data Sheets, Diagrams.
c) Impact of local codes, ordinances and regulations.
d) Impact of governmental regulations.
e) Impact of modernization and efficiency improvements.
and Fixture Cost analysis.
- Raw, work in process and finished goods.
Interruption Analysis, including:
Determination of period of indemnity.
b) Loss of profits calculation and documentation.
c) Continuing Expenses calculation and documentation.
d) Unincurred and discontinuing expenses.
e) Analysis of budgets, forecasts and market conditions.
f) Impact of interdependency and contingency relationships.
aforementioned are basic requirements that a Properly Consulting and
Adjusting firm must have before they are engaged to represent you
on a casualty claim.