Damages Analysis
Rely on our breadth of experience, drawn from decades of advising on the quantification of losses and economic damages measurement involving casualty and liability claims.
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Damages Analysis
Damages analysis under liability and casualty policies
Law firms and insurance companies alike recognize the Baker Tilly name for our extensive analytical toolkit and deep expertise when it comes to quantifying losses for liability and casualty claims. Our vast experience in the insurance sector as well as in the legal arena gives us an edge in dealing with the variety of situations that arise across product liability and recall, professional liability/indemnity, personal injury/fatal accident and other liability-related claims.
Additionally, our team is well positioned and structured with professionals who have experience in providing expert witness testimony in a mediation, arbitration or trial setting. Where litigation in liability matters is possible, our experts can assist in many aspects of the case management and strategy, including financial analysis and documents review, hearing preparation and review of other experts' work and reports.
Our damage analysis expertise
We are regularly appointed by law firms and insurers to quantify the financial value in liability and casualty claims for their clients. We understand the often-complex business and insurance arrangements that result from liability losses and the impact on the various parties involved. We apply financial and industry expertise to understand the facts, circumstances and financial issues, providing our clients with objective analysis to assist with case strategy.
Product recall and product liability
In a product recall situation, clients count on Baker Tilly to help them identify and measure the extent of the financial impact of a product contamination, failure or other product-related issue. This may involve product recall and disposal costs, product rehabilitation and reestablishment expenses, cleanup and decontamination expenses, lost market share and/or loss of profits. Additionally, third-party damages are often present, which could result in damages analysis associated with the financial impact caused to other parties.
