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About
Physical Damages
When unexpected disasters occur, the resulting physical damages are frequently devastating for everyone involved.
As the world’s premier forensic accounting firm, MDD has experienced professionals who can measure the economic loss and track costs related to physical damages for virtually every kind of natural or man-made occurrence.
SERVICES
By being involved early in the process, our experts can help avoid unpleasant surprises that may occur.
Our hands-on experts obtain a thorough understanding of the impacted business and its operations, accounting systems, critical path items and potential mitigation strategies. We will ask all the relevant questions and work towards helping all parties reconcile the economic impacts resulting from the physical damage. We can also provide on-site forensic accountants to track reconstruction efforts, verify head counts and monitor the flow of essential documents for improved control and efficiency.
We offer a variety of services that include:
- Establishment and conducting of proper audit protocols
- Management of documentation flow
- Interfacing with other consultants such as adjusters, contractors, engineers and other specialists needed during the restoration stage
- Delivery of periodic status reports
- Categorization, control and sorting of all costs
- Expert and consulting witness testimony
Experience
Experience
Contact one of our experts below or filter experience based on region.
ARTICLES
RELEVANT ARTICLES
Our experts are extremely knowledgeable about thier subject areas and often write educational material and commentary on topical issues they come across.
The Broader Impact of CAT Events
While every catastrophe (“CAT event”) leaves a wake of destruction in its path, there are times when the financial impact is more widespread than the physical damage would indicate. Consider the following examples: Pandemic – 2020 The impact of COVID-19...
Cyclone Debbie May Create Complex Claims Issues for Insurers
Cyclone Debbie and the subsequent rain and flooding events across Queensland, Northern NSW and New Zealand have caused significant damage to property and infrastructure, limited rail access, closed ports and caused damage to numerous roads and bridges. Rail closures in...
Financial Impact of New Zealand Kaikoura Earthquakes Felt Beyond Earthquake Zone
While the damage to physical property as a result of the Kaikoura earthquakes in November 2016 has been well documented, the financial impact of these events are ongoing both on businesses physically affected by the earthquakes as well as businesses...
