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Consulting expert

Beyond the courtroom.

The same rigor GIC brings to expert testimony carries into their review of the operational and regulatory challenges that shape the insurance business: claims and reserve auditing, business interruption, regulatory matters, and receivership & insolvency.

Claims & Reserve Auditing

Audits of claim files and held reserves for carriers, receivers, and risk retention groups, delivered as an audit, a study, or an adjudication rather than as testimony.

Types of matters handled
Reserve adequacy studiesBook-of-business reviewsRandom-sample claim auditsClaim-department reviewsEstate claim adjudication

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A claim-audit score sheet: file rows receiving glowing checkmarks, with one file flagged with an amber X

Business Interruption Analysis

Preparation, presentation, and review of business interruption and property damage claims, for policyholders and insurers.

Types of matters handled
Preparing and presenting the claimCatastrophe lossesCivil unrestInternational claimsDelayed paymentPractice development

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A business-interruption loss: revenue drops at the loss event, recovers over the period of restoration, and rejoins the projected but-for line; the wedge between the lines is the claim

Regulatory Consulting

Work with and before state Departments of Insurance, drawing on roughly 35 years working for and on behalf of them.

Types of matters handled
Market conduct examination defenseMock examinationsExaminations for a DepartmentAcquisitions and changes of controlCapital and licensingSupervisionInvestigations and subpoenas

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An early-warning monitor: a steady compliance trace with one anomaly spike, caught and flagged the moment it appears

Receivership & Insolvency Issues

Work for court-appointed receivers, liquidators, and rehabilitators, and for the parties who deal with them.

Types of matters handled
Suits against former officers and professionalsContested liquidation and rehabilitationSupervision of a troubled insurerEstate claim adjudication and auditsReserve studiesLife, annuity, and benefits carriers

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An insolvent insurer leaning, its failure marked amber, held by the receiver's solid strut planted with one solid mark, its claims paid in an orderly line to waiting claimants
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