Validating Business Interruption Claim for an Insurance Company

As an insurance company, we often get business interruption claims. These claims – for the most part – come from natural disasters. The challenge for a business interruption claim is that the insurance company has to quantify revenue and loss of income. To determine the accuracy and validity of the claim, we need to understand how the business operated before the disruption. For this, we count on the forensic analysis of Foodman CPAs & Advisors. They analyze all the books and records, financial statements, and business trends of the claimant. Understanding its financial situation before an incident takes place is key to an insurance company making the right payout to its insured clients.