Articles

Business interruption claims have become increasingly complex due to supply chain disruption, inflation, contingent business interruption exposures and changing market conditions. As financial losses often exceed the cost of repairing physical damage, these claims can attract significant scrutiny from both insurers and policyholders. This can increase the likelihood of disputes, delay resolution and prolong financial……

How data, analytics and AI have reshaped the way litigation is investigated, evaluated, and tried. Introduction I remember all too well the experience of searching for relevant financial documents in warehouses filled with paper records in the 90’s and early 2000’s. Nowadays, the quest for relevant evidence is executed at a desk, using technology that……

Introduction Understanding the role of a developer in a commercial construction project can be complicated, but it is critical knowledge to have for all parties involved in the adjustment of a Builders Risk claim.  Policyholders will often include increased developer fees in their soft costs claims when they experience project delays.  The concept of developer……

The recent escalation involving Iran has once again drawn global attention to the Strait of Hormuz.  This narrow stretch of water plays a critical role in the modern energy system, linking the Persian Gulf to the open ocean via the Gulf of Oman. The U.S. Energy Information Administration (EIA) reports that this maritime corridor carries……

Introduction: Mitigating Fraud Vulnerabilities in Commercial Construction Projects The commercial construction sector, characterized by complex supply chains, extensive capital investments, and multi-party engagements, presents inherent vulnerabilities to sophisticated fraudulent activities. Unmitigated fraud significantly erodes enterprise value through direct financial losses, compounded by downstream effects such as reputational degradation, litigation exposure, and potential regulatory sanctions. This……

RFIs keep the insurance claims process focused and forward moving, imperative in all losses, but especially in builder’s risk claims where there are usually multiple parties and experts. The RFI provides something concrete that keeps everyone accountable – if the requested documentation is provided, then we can properly evaluate the claim and reconcile any differences…….