bdo insurance forensic and recovery advisory
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INSURANCE FORENSIC AND RECOVERY ADVISORYBDO Indonesia
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With a deep understanding of insurance matters
and the business needs of our clients, BDO is recognized as a go-to coverage firm by leading
international insurance brokers, who frequently
refer their clients when coverage disputes arise.
BDO is also among the leaders in advising clients
on insurance policy wording and structure, adding needed value to negotiations of D&O and errors
and omissions (E&O) liability insurance policies,
cyber-security insurance policies, property
policies, wrap-up insurance programs, pollution
policies and captive programs.
INSURANCE FORENSIC AND RECOVERY ADVISORY
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Our Insurance and Recovery advisory team is
integrated with the international network of
forensic accountants and lawyers who use their
deep understanding of the insurance business to
devise optimal strategies and solutions for our
clients. We understand that resolving insurance
disputes often requires a combination of
creativity and a sound commercial approach to
the parties’ positions. Our track record has
proven that we delivered the best solutions in
understanding and meeting both our clients and
insurers interests. The group draws on the
experience of BDO experts in fields such as
bankruptcy, aviation, energy and environmental
law to supplement its teams.
INSURANCE FORENSIC AND RECOVERY ADVISORY
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OUR SERVICES
Claims Litigation and Settlement
Insurance Counselling Insurance Due Diligence
BDO helps ensure that the benefits of insurance policies are properly transferred, designing runoff or tail coverage, structuring coverage to match the terms of the transactional documents, assessing pending claims, and evaluating whether potential claims have been properly reported and are adequately insured. Involving our Insurance & Recovery advisory in your due diligence process ensures greater control over the quality of information and analysis generated. It also ensures that appropriate expert scrutiny will be brought to bear on the target company’s claims history and adequacy of its insurance coverage.
BDO’s claims litigation and settlement services begin with framing the presentation to the insurer in an initial notice, guiding our client through the initial discussion with insurers and often resulting in early resolution of the claim. Before resorting to litigation, our experts may engage in extensive negotiations with insurers through mediation or other alternative dispute resolution procedures, where appropriate. We can draw on local and international experts to assist clients in all aspects of their claim.
BDO works closely with our clients’ brokers and other advisors in evaluating enterprise risk and structuring appropriate coverage. We are frequently called upon to provide a “second look” at coverages to ensure that the client has the most advantageous terms and wordings, and to negotiate with insurers to secure appropriate enhancements to coverage. We also advise clients and assist in structuring pooled risk or captive insurance programs and other risk management issues, including contractual indemnity rights and related efforts to minimize their potential exposure to losses that may adversely impact their businesses.
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BDO Forensic professionals have unique and
extensive experience in conducting various
Insurance and Recovery engagements including
Business Interruption, Damages, Reputation, IP loss,
Professional Indemnity, Fraud (Fidelity Bond) losses
and many other types of claim. Our team has
worked on many of the major insurance claim
incidents across the region and globally over the
past decade. Recent examples include the
devastating floods in Bangkok, the earthquakes in
New Zealand and other similar incidents across the
APAC region.
BDO will draw on experts across the BDO networked
firms to ensure our client has the most relevant
expert for the specific issue.
OUR TEAM
For more information please contact: PT BDO KONSULTAN INDONESIA
Peter Coleman ([email protected]) Aluisius Aprilino Adilaksono ([email protected])
BDO Indonesia Prudential Tower 16th-18th Floor Jl. Jenderal Sudirman, Kav. 79 Jakarta 12910, INDONESIA Tel : +62-21 5795 7300 Fax : +62-21 5795 7301 www.bdo.co.id
About BDO
BDO is the one of the largest global network of public accounting, tax and advisory firms which perform professional services. These firms have representation in 154 territories, with 64,300 people working out of over 1,400 offices worldwide.
BDO member firm in Indonesia dated back to 1992 when Drs Richard B Tanubrata was the Managing Partner of KAP Drs RB Tanubrata, a public accountant firm that was founded in 1979.