Complex Claims Solutions

CCS

When a crude oil well in northern Italy suffered a massive blowout in February 1994, causing widespread contamination, GRS professionals got involved to handle a highly complex claim. (GRS photo)

Whether they happen in your backyard or on the other side of the world, property losses that are large often are also complex. Deploying the right expertise and responding promptly are critical to achieving positive outcomes. GRS Complex Claims Solutions combine deep technical expertise across multiple disciplines with the adjusting skills of our most highly experienced claims professionals. Our teams provide fast response, and we deliver results for our clients. CCS services include:

Expert Complex Loss Claims. In our experience, many large, complex property claims involve third-party losses. Such claims are challenging because they often require diverse skill sets and coordination among multiple stakeholders. GRS has decades of experience handling expert complex loss claims.

First-party Large Loss Claims. Even when losses do not involve third parties, or the majority of the claim is first-party loss, such claims can be complicated. GRS professionals are highly experienced in quantifying, assessing and analyzing first- party large loss claims.

Experience matters

Complex claims on which GRS professionals have been involved include:

  • $2 billion product liability claim. GRS managed a litigation support unit and conducted extensive business interruption analyses, recommended claims settlement value, performed forensic accounting and made physical inspections to generate a database for settlement talks.
  • 40,000+ claims from a crude oil pipeline break. GRS planned and managed the receipt and recording of more than 40,000 third-party liability claims when a pipeline ruptured in Nigeria. GRS also provided claims management strategy and negotiations with tribal chieftains and governmental authorities.
  • $200 million oil well blowout. GRS managed, mitigated and assessed claims from a drilling incident in Italy. Our multiyear response included assessing periodic claims from the policyholder, negotiating payments, advising the policyholder on third-party claims and acting as liaison between the policyholder and excess insurers on all coverage issues.

More GRS Solutions

In addition to Complex Claims Solutions, GRS also delivers extensive experience in P&C Solutions and Environmental Risk Management Solutions.